Added to YB: 2026-06-24
Pitch date: 2026-04-16
MTL.L [bullish]
Metals Exploration plc
-14.06%
current return
Author Info
No bio for this author
Company Info
Metals Exploration plc identifies, acquires, explores, and develops mining and processing properties in the United Kingdom, the Philippines, and Nicaragua.
Market Cap
GBP 513.5M
Pitch Price
GBP 0.16
Price Target
0.87 (+548%)
Dividend
N/A
EV/EBITDA
4.76
P/E
17.77
EV/Sales
2.27
Sector
Metals and Mining
Category
value
Metals Exploration plc - $MTL.L
MTL.L: Gold producer, $600M cap. Runruno mine sunsetting late 2026; La India (Nicaragua) under construction, ahead of schedule, 40% done, online Dec 2026. At $4,000 gold/100koz: $278M EBITDA, 2.2x EBITDA, 43% FCF yield. Self-funded, no dilution. Re-rate thesis: 2x by mid-2027 to ~20% FCF yield. 12-18mo hold. Risk: Nicaragua jurisdiction. Stock +250% since COG merger.
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