Metal Tiger PLC using EPIC/TICKER code LON:MTR has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at VSA Capital. Metal Tiger PLC are listed in the Financials sector within AIM. VSA Capital have set their target price at 5.68 GBX on its stock. This is indicating the analyst believes there is a potential upside of 215.6% from the opening price of 1.8 GBX. Over the last 30 and 90 trading days the company share price has increased 0.15 points and decreased 0.46 points respectively. Metal Tiger PLC LON:MTR has a 50 day moving average of 1.74 GBX and a 200 Day Moving Average share price is recorded at 3.00 GBX. The 1 year high stock price is 6.4 GBX while the 52 week low is 0.83 GBX. There are currently 796,696,949 shares in issue with the average daily volume traded being 9,052,397. Market capitalisation for LON:MTR is £14,101,536 GBP.
SP Angel's note from this morning on Research Tree: "Metal Tiger has announce the start of resource definition drilling has started at its 30% owned Kalahari Copper / Silverjoint venture in Botswana with MOD Resources... The drilling at T3 should give the joint venture solid geological and metallurgical information on the T3 deposit. Unless the mineralisation is extremely consistent, it is unlikely that this initial programme at 100m centres will support more than an inferred resource estimate, however it should help to determine the potential of T3."
Personally - i'd like to see a cash generative asset
checked it out - some of the companies on the list are shells doing nothing, others like Cellcast are in a bit of trouble
just keep buying up what you can, when you can IMHO - and dyor
Well done Grant - I need to buy more, am stuck at 2.3%
TG investment - outstanding news...huge vote of confidence for the future
the real question for me is revenue. Revenue will dynamise the MTR model because it wont need further HNW investment and be financially self supporting. So when we see an RNS saying we have producing assets or are acquiring a share in a producer i think things will change materially.
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