Metals Exploration (MTL)

Sector:

Mining

Index:

FTSE AIM All-Share

3.95p
   
  • Change Today:
    -0.30p
  • 52 Week High: 5.65
  • 52 Week Low: 1.51
  • Currency: UK Pounds
  • Shares Issued: 2,104.74m
  • Volume: 13,654,204
  • Market Cap: £83.14m
  • RiskGrade: 558

Metals Exploration to tap mezzanine debt to repay shareholders, creditors

By Ikaba Koyi

Date: Monday 02 Oct 2017

LONDON (ShareCast) - (ShareCast News) - Metals Exploration has completed the documentation for a $21m mezzanine debt facility which will be used to repay some of its outstanding loans.


Following completion, the funds would be drawn down to repay two short-term loans from its shareholders, the company said.

The natural resources exploration and development company with assets in the Pacific Rim region also said part of the money would be used to make a capital and interest payment to the group's senior lenders, on Monday.

As of 1520 BST, shares of Metals Exploration were unchanged at 3.62p.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MTL Market Data

Currency UK Pounds
Share Price 3.95p
Change Today -0.30p
% Change -7.06 %
52 Week High 5.65
52 Week Low 1.51
Volume 13,654,204
Shares Issued 2,104.74m
Market Cap £83.14m
RiskGrade 558

MTL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.23% above the market average90.23% above the market average90.23% above the market average90.23% above the market average90.23% above the market average
91.04% above the sector average91.04% above the sector average91.04% above the sector average91.04% above the sector average91.04% above the sector average
Price Trend
99.54% above the market average99.54% above the market average99.54% above the market average99.54% above the market average99.54% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
89.16% below the market average89.16% below the market average89.16% below the market average89.16% below the market average89.16% below the market average
57.38% below the sector average57.38% below the sector average57.38% below the sector average57.38% below the sector average57.38% below the sector average

MTL Dividends

No dividends found

Trades for 16-May-2024

Time Volume / Share Price
13:52 212,500 @ 4.00p
13:47 22,500 @ 4.00p
13:45 25,000 @ 3.99p
13:45 14,997 @ 3.93p
13:42 25,367 @ 3.99p

MTL Key Personnel

CEO Darren Patrick Bowden
Chair Nick von Schirnding

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