Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Metals Exploration ( (GB:MTL) ) has shared an announcement.
Metals Exploration plc has received notices for the exercise of warrants over 39,470 new ordinary shares at an exercise price of £0.0605 per share, raising £2,388 in additional capital. The new shares are expected to be admitted to trading on AIM around 6 January 2026, after which the company will have 3,240,281,608 ordinary shares in issue, with 299,385,458 held in treasury and 2,940,896,150 total voting rights, a figure shareholders will use to assess disclosure obligations under UK transparency rules.
The most recent analyst rating on (GB:MTL) stock is a Hold with a £14.00 price target. To see the full list of analyst forecasts on Metals Exploration stock, see the GB:MTL Stock Forecast page.
Spark’s Take on GB:MTL Stock
According to Spark, TipRanks’ AI Analyst, GB:MTL is a Neutral.
Metals Exploration’s overall stock score reflects strong financial performance and positive corporate developments, particularly in project expansion and operational resumption. However, the negative P/E ratio and recent production guidance revision due to external disruptions weigh on the score. Technical indicators suggest moderate momentum, aligning with the overall cautious outlook.
To see Spark’s full report on GB:MTL stock, click here.
More about Metals Exploration
Metals Exploration plc is a gold producer, development and exploration company with mining assets in the Philippines and Nicaragua, focused on advancing and operating gold projects listed on London’s AIM market.
Average Trading Volume: 6,593,722
Technical Sentiment Signal: Buy
Current Market Cap: £447M
Find detailed analytics on MTL stock on TipRanks’ Stock Analysis page.