Metals One PLC (LON:MET1 – Get Free Report) shares rose 4.2% during mid-day trading on Tuesday . The company traded as high as GBX 0.60 ($0.01) and last traded at GBX 0.52 ($0.01). Approximately 1,183,204 shares were traded during trading, a decline of 46% from the average daily volume of 2,206,976 shares. The stock had previously closed at GBX 0.50 ($0.01).
Metals One Price Performance
The business’s 50-day moving average price is GBX 0.37 and its 200 day moving average price is GBX 0.48. The firm has a market capitalization of £1.85 million and a price-to-earnings ratio of -4.60.
Metals One Company Profile
Metals One is developing strategic metals projects in Finland (Black Schist Project) and Norway (Råna Project), with approximately £9 million of exploration carry exposure through a farm-in agreement. Metals One is aiming to help meet the significant demand for strategic minerals by defining resources on the doorstep of Europe’s major electric vehicle OEMs and battery manufacturers.
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