Metals Exploration plc

AIM:MTL Stock Report

Market Cap: UK£417.2m

Metals Exploration Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Darren Bowden

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage51.58%
CEO tenure7.3yrs
CEO ownership6.7%
Management average tenureno data
Board average tenure4.4yrs

Recent management updates

Recent updates

Analysis Article • Jun 17

Metals Exploration plc's (LON:MTL) Shares Climb 26% But Its Business Is Yet to Catch Up

Metals Exploration plc ( LON:MTL ) shares have continued their recent momentum with a 26% gain in the last month alone...
Analysis Article • Jan 30

We Ran A Stock Scan For Earnings Growth And Metals Exploration (LON:MTL) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Nov 02

Further Upside For Metals Exploration plc (LON:MTL) Shares Could Introduce Price Risks After 27% Bounce

Metals Exploration plc ( LON:MTL ) shares have continued their recent momentum with a 27% gain in the last month alone...
Analysis Article • Sep 30

Why Metals Exploration's (LON:MTL) Earnings Are Weaker Than They Seem

Even though Metals Exploration plc ( LON:MTL ) posted strong earnings recently, the stock hasn't reacted in a large...
Analysis Article • Sep 17

Metals Exploration plc (LON:MTL) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Metals Exploration plc ( LON:MTL ) shareholders have had their patience rewarded with a 28% share price jump in the...
Analysis Article • Aug 28

Is Now The Time To Put Metals Exploration (LON:MTL) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Aug 02

Metals Exploration plc's (LON:MTL) Low P/S No Reason For Excitement

Metals Exploration plc's ( LON:MTL ) price-to-sales (or "P/S") ratio of 0.7x might make it look like a buy right now...
Analysis Article • Mar 21

Metals Exploration plc's (LON:MTL) Share Price Boosted 39% But Its Business Prospects Need A Lift Too

Metals Exploration plc ( LON:MTL ) shareholders have had their patience rewarded with a 39% share price jump in the...
Analysis Article • Jan 20

Metals Exploration plc's (LON:MTL) Price Is Right But Growth Is Lacking

When close to half the companies operating in the Metals and Mining industry in the United Kingdom have price-to-sales...
Analysis Article • Aug 31

Under The Bonnet, Metals Exploration's (LON:MTL) Returns Look Impressive

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article • May 27

Under The Bonnet, Metals Exploration's (LON:MTL) Returns Look Impressive

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Jan 05

Returns On Capital Are A Standout For Metals Exploration (LON:MTL)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article • Oct 07

Is Metals Exploration (LON:MTL) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jun 16

Is Metals Exploration (LON:MTL) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Apr 29

Why We Like The Returns At Metals Exploration (LON:MTL)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article • Nov 28

Why We Like The Returns At Metals Exploration (LON:MTL)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Oct 23

We Think Metals Exploration (LON:MTL) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jul 21

Metals Exploration (LON:MTL) Could Become A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article • May 23

A Piece Of The Puzzle Missing From Metals Exploration plc's (LON:MTL) 49% Share Price Climb

Metals Exploration plc ( LON:MTL ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Jan 25

We're Not So Sure You Should Rely on Metals Exploration's (LON:MTL) Statutory Earnings

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...

CEO Compensation Analysis

How has Darren Bowden's remuneration changed compared to Metals Exploration's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-US$16m

Mar 31 2025n/an/a

US$5m

Dec 31 2024US$2mUS$801k

US$26m

Sep 30 2024n/an/a

US$83m

Jun 30 2024n/an/a

US$141m

Mar 31 2024n/an/a

US$130m

Dec 31 2023US$806kUS$806k

US$119m

Sep 30 2023n/an/a

US$82m

Jun 30 2023n/an/a

US$45m

Mar 31 2023n/an/a

US$27m

Dec 31 2022US$806kUS$806k

US$9m

Sep 30 2022n/an/a

US$7m

Jun 30 2022n/an/a

US$6m

Mar 31 2022n/an/a

US$9m

Dec 31 2021US$1mUS$804k

US$11m

Sep 30 2021n/an/a

US$14m

Jun 30 2021n/an/a

US$17m

Mar 31 2021n/an/a

US$13m

Dec 31 2020US$1mUS$720k

US$9m

Sep 30 2020n/an/a

US$15m

Jun 30 2020n/an/a

US$21m

Mar 31 2020n/an/a

US$17m

Dec 31 2019US$720kn/a

US$14m

Compensation vs Market: Darren's total compensation ($USD1.55M) is above average for companies of similar size in the UK market ($USD1.19M).

Compensation vs Earnings: Darren's compensation has increased whilst the company is unprofitable.

CEO

Darren Bowden (56 yo)

7.3yrs
Tenure
US$1,552,620
Compensation

Mr. Darren Patrick Bowden serves as Non-Executive Director of Condor Gold Plc since January 15, 2025. He is Chief Executive Officer and Executive Director at Metals Exploration Plc since January 01, 2019....

Board Members

NamePositionTenureCompensationOwnership
Darren Bowden
CEO & Executive Director7.3yrsUS$1.55m6.7%
£ 28.0m
Steven Smith
Non-Executive Chairman4.8yrsUS$394.77kno data
David Cather
Independent Non-Executive Director1.5yrsUS$12.79k0.24%
£ 994.0k
Robert Marshall
Non-Executive Director1.5yrsUS$12.79k0.29%
£ 1.2m
Timothy Livesey
Independent Non-Executive Director4yrsUS$100.63k0.14%
£ 574.0k
Andrew Chubb
Non-Executive Director5.1yrsUS$70.32k0.17%
£ 699.5k
4.4yrs
Average Tenure
58yo
Average Age

Experienced Board: MTL's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 03:16
End of Day Share Price 2026/05/08 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Metals Exploration plc is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan GuyHannam & Partners (Advisory) LLP
Duncan HayPanmure Liberum