Multiverse Mining and Exploration Plc is a Nigeria based exploration and mining company listed on the Nigerian Stock Exchange (NGX) and licensed to extract zinc, copper, gold, lead, tantalite, tin and barite ores.
Overview of Multiverse Mining and Exploration Plc
Multiverse Mining and Exploration Plc is also expanding its mining operations with exploration licenses to cover tin ore, tantalite ore and copper ore.
Today, Multiverse Mining and Exploration Plc’s portfolio of products and services are diversified in more sectors of the Basic Materials value chain with production sites at Azara/Abuni, Nassarawa State (Solid Minerals Mining); Oloparun Site, Abeokuta, Ogun State (Granite Quarry); Alaguntan Site, Abeokuta, Ogun State (Granite Quarry), and Apo Site, Abuja, Federal Capital Territory (Granite Quarry). The company's mining properties include EL 3187 (Lead, Zinc and Silver), ML 14646 (Lead, Zinc and Silver), SSML 14999 (Lead, Zinc and Silver), EL 16999 (Gold and Tantalite), EL 16879 (Lead, Zinc and Silver), EL 16994 (Copper and Silver) and EL 14946 (Barite).
The history of Multiverse Mining and Exploration Plc goes back to 20 June 2002 when it was founded as Multiverse Resources Plc and started its granite quarrying operation in 2005 in Ogun State. Multiverse Mining and Exploration Plc became listed on the Nigerian Stock Exchange on 8 October 2008 and has over 4 000 shareholders.
Multiverse Mining and Exploration Plc has its head offices at Dolphin Estate, 262A Corporation Drive, Ikoyi, Lagos LA 110102, Nigeria.
The current CEO/managing director of Multiverse Mining and Exploration Plc is Fasina, Ayedun.
Multiverse Mining and Exploration Plc's equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol MULTIV.
Multiverse Mining and Exploration Plc forms part of the Mining Industry and the Basic Materials Sector of the Nigerian Stock Exchange (NGX).
Multiverse Mining and Exploration Plc Stock Performance
The current price for Multiverse Mining and Exploration Plc stocks on the Nigerian Stock Exchange (NGX) is 0.20 Nigerian Naira (NGN).
An analysis of financial data of Multiverse Mining and Exploration Plc showed that the company has a total market capitalisation of 852 Million NGN, with a Price/Earning ratio of 0 and earnings per share of 0 NGN.
With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Multiverse Mining and Exploration Plc stocks can look forward to more profitable dividends and earnings in times to come.
According to an analysis on the live chart of Multiverse Mining and Exploration Plc, analysts forecast further improved performance for the Basic Materials sector with market share growing as trading volumes increase.
Highlights of Multiverse Mining and Exploration Plc in 2021
Multiverse Mining and Exploration Plc saw no trading activity during the recent weeks.
Multiverse Mining and Exploration Plc is currently the 39th most-traded stock on the NGX and it has experienced a total trading volume of more than 107 million shares, which were finalised in 319 deals and were valued at a total of 21.6 million Nigerian Naira (NGN) over the recent three month period from September to December 2021, with an average of 1.7 million shares in each trading session.
During the same period a volume high of 32.1 million was achieved on November 3.
How to buy Multiverse Mining and Exploration Plc stocks – Step by Step
The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Multiverse Mining and Exploration Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:
- Find the share that you want to buy, in this case, “MULTIV”.
- Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
- Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
- Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
- Once your account has been activated, you are ready to make your first share purchase through the broker.
- From here you can start to build and diversify your portfolio by buying more shares.
