Metals One PLC (LON:MET1 – Get Free Report)’s stock price fell 16.9% during mid-day trading on Wednesday . The stock traded as low as GBX 16 ($0.21) and last traded at GBX 16 ($0.21). 306,043 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 406,907 shares. The stock had previously closed at GBX 19.25 ($0.25).
Metals One Stock Up 18.2 %
The firm has a market cap of £80.13 million and a price-to-earnings ratio of -199.41. The business has a 50 day moving average of GBX 5.21 and a 200 day moving average of GBX 2.10.
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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