Metals One PLC (LON:MET1 – Get Free Report)’s share price fell 16.9% during mid-day trading on Wednesday . The company traded as low as GBX 16 ($0.20) and last traded at GBX 16 ($0.20). 306,043 shares were traded 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 Trading Down 19.5 %
The company has a fifty day moving average of GBX 4.16 and a 200-day moving average of GBX 1.76. The company has a market capitalization of £47.77 million and a price-to-earnings ratio of -118.88.
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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