Metals One (LON:MET1) Reaches New 1-Year Low – Here’s Why

Shares of Metals One PLC (LON:MET1Get Free Report) hit a new 52-week low on Friday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.25 ($0.00), with a volume of 16202728 shares traded. The stock had previously closed at GBX 0.43 ($0.01).

Metals One Price Performance

The company has a 50 day moving average price of GBX 0.43 and a 200-day moving average price of GBX 0.56. The stock has a market capitalization of £825,500.00 and a PE ratio of -25.00.

Metals One Company Profile

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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.

Further Reading

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