Metals One (LON:MET1) Shares Up 8.1% – Here’s Why

Metals One PLC (LON:MET1Get Free Report)’s share price traded up 8.1% during trading on Monday . The stock traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). 4,339,635 shares were traded during mid-day trading, an increase of 93% from the average session volume of 2,254,347 shares. The stock had previously closed at GBX 0.37 ($0.00).

Metals One Stock Up 14.9 %

The business has a 50 day simple moving average of GBX 0.37 and a two-hundred day simple moving average of GBX 0.49. The firm has a market cap of £1.31 million and a PE ratio of -3.26.

About Metals One

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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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