Metals One PLC (LON:MET1 – Get Free Report)’s share price rose 15.7% during mid-day trading on Monday . The stock traded as high as GBX 1.30 ($0.02) and last traded at GBX 1.17 ($0.02). Approximately 9,066,642 shares traded hands during trading, an increase of 232% from the average daily volume of 2,727,367 shares. The stock had previously closed at GBX 1.01 ($0.01).
Metals One Stock Performance
The business’s fifty day simple moving average is GBX 0.41 and its 200 day simple moving average is GBX 0.48. The stock has a market cap of £3.54 million and a price-to-earnings ratio of -8.82.
About Metals One
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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