Metals Exploration has undergone a dramatic turnaround under CEO Darren Bowden. When Bowden took over 4-5 years ago, the London AIM-listed gold mining company was nearly bankrupt. Its Philippines-based mine was achieving poor recoveries below 50%, costs were high, debt was mounting, and cash flow was negative.
Metals Exploration's stock has recently hit a near 4-year high as the company continues to benefit from its 100% owned Runruno gold project in the Philippines.