Metals One PLC (LON:MET1 – Get Free Report)’s stock price was up 6.1% during mid-day trading on Tuesday . The company traded as high as GBX 1.06 ($0.01) and last traded at GBX 0.96 ($0.01). Approximately 4,391,390 shares traded hands during mid-day trading, an increase of 54% from the average daily volume of 2,844,175 shares. The stock had previously closed at GBX 0.90 ($0.01).
Metals One Stock Up 16.9 %
The firm has a 50 day simple moving average of GBX 0.76 and a two-hundred day simple moving average of GBX 0.57. The stock has a market capitalization of £38.72 million and a P/E ratio of -96.37.
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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