Metals One PLC (LON:MET1 – Get Free Report) shares were down 8% during mid-day trading on Monday . The stock traded as low as GBX 18 ($0.23) and last traded at GBX 18.40 ($0.24). Approximately 826,558 shares traded hands during trading, an increase of 136% from the average daily volume of 349,850 shares. The stock had previously closed at GBX 20 ($0.26).
Metals One Trading Down 9.1 %
The stock has a fifty day moving average price of GBX 2.09 and a 200 day moving average price of GBX 1.03. The firm has a market cap of £46.23 million and a price-to-earnings ratio of -115.04.
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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