Metals One (LON:MET1) Reaches New 12-Month Low – Should You Sell?

Metals One PLC (LON:MET1Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.36 ($0.00) and last traded at GBX 0.44 ($0.01), with a volume of 1597448 shares changing hands. The stock had previously closed at GBX 0.40 ($0.01).

Metals One Stock Performance

The business’s 50 day moving average price is GBX 0.51 and its 200-day moving average price is GBX 0.82. The company has a market cap of £1.44 million and a price-to-earnings ratio of -45.00.

Metals One Company Profile

(Get Free Report)

Metals One PLC focuses on acquiring natural resources projects. The company intends to acquire battery metal projects, including nickel, lithium, cobalt, and copper. It holds 100% interests in the Black Schist project covering an area of approximately 706 square kilometers located in Finland; and 80% interest in the Brownfield Råna nickel project covering an area of approximately 18 square kilometers located in Norway.

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