Metals One PLC (LON:MET1 – Get Free Report)’s share price dropped 1.9% during trading on Tuesday . The company traded as low as GBX 23 ($0.30) and last traded at GBX 26 ($0.34). Approximately 2,505,051 shares changed hands during trading, an increase of 402% from the average daily volume of 499,507 shares. The stock had previously closed at GBX 26.50 ($0.35).
Metals One Trading Down 7.6 %
The stock has a market cap of £62.10 million and a price-to-earnings ratio of -154.55. The firm’s 50 day moving average is GBX 7.18 and its two-hundred day moving average is GBX 2.77.
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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