Metals One PLC (LON:MET1 – Get Free Report) shot up 2% during trading on Thursday . The company traded as high as GBX 0.80 ($0.01) and last traded at GBX 0.77 ($0.01). 782,969 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 531,091 shares. The stock had previously closed at GBX 0.75 ($0.01).
Metals One Price Performance
The stock has a 50 day moving average of GBX 0.84 and a 200 day moving average of GBX 1.12. The firm has a market cap of £2.24 million and a price-to-earnings ratio of -37.50.
Insider Activity
In other Metals One news, insider Jonathan Owen bought 40,000 shares of the business’s stock in a transaction on Tuesday, July 16th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £400 ($525.97). Corporate insiders own 63.79% of the company’s stock.
Metals One Company Profile
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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