Metals One (LON:MET1) Shares Up 5.8% – Should You Buy?

Shares of Metals One PLC (LON:MET1Get Free Report) rose 5.8% during mid-day trading on Monday . The company traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). Approximately 600,909 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 682,644 shares. The stock had previously closed at GBX 0.52 ($0.01).

Metals One Stock Performance

The stock has a 50 day moving average of GBX 0.46 and a 200-day moving average of GBX 0.71. The company has a market cap of £1.82 million and a PE ratio of -50.00.

About Metals One

(Get Free Report)

Metals One PLC focuses on acquiring natural resources projects. The company intends to acquire battery metal projects, including nickel, lithium, cobalt, and copper. It holds 100% interests in the Black Schist project covering an area of approximately 706 square kilometers located in Finland; and 80% interest in the Brownfield Råna nickel project covering an area of approximately 18 square kilometers located in Norway.

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