Metals One PLC (LON:MET1 – Get Free Report) shares were down 5.9% during mid-day trading on Thursday . The company traded as low as GBX 0.40 ($0.00) and last traded at GBX 0.40 ($0.00). Approximately 365,896 shares were traded during mid-day trading, an increase of 210% from the average daily volume of 118,023 shares. The stock had previously closed at GBX 0.43 ($0.01).
Metals One Stock Performance
The firm has a market cap of £1.40 million and a price-to-earnings ratio of -42.50. The firm’s 50-day moving average is GBX 0.45 and its 200-day moving average is GBX 0.62.
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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