Metals Exploration Plc Reports 34% Increase In Gold Production In H1FY19

Metals Exploration Plc (AIM: MTL) for the six months ended 30 June 2019, has reported 34 per cent increase in gold production at 30,774 ounces over the 2018 half-year of 22,952 ounces. The company has reported a positive cash flow from operations of US$3.47 million for H1 FY19 as compared to a cash outflow from operations of US$1.16 million in the 2018 half-year.

On 13th September 2019, at the time of writing, GMT 08:03 AM, MTL shares were trading at GBX 0.90, up by 0.05 points or 5.88% against the previous day closing price.