Shares of Metals One PLC (LON:MET1 – Get Free Report) were up 8.8% on Wednesday . The stock traded as high as GBX 0.45 ($0.01) and last traded at GBX 0.41 ($0.00). Approximately 1,701,235 shares traded hands during mid-day trading, an increase of 342% from the average daily volume of 385,262 shares. The stock had previously closed at GBX 0.38 ($0.00).
Metals One Stock Down 4.8 %
The company’s 50-day moving average is GBX 0.45 and its two-hundred day moving average is GBX 0.60. The company has a market capitalization of £1.26 million and a P/E ratio of -38.10.
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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