Metals One PLC (LON:MET1 – Get Free Report)’s share price dropped 4.7% during mid-day trading on Friday . The company traded as low as GBX 3.87 ($0.05) and last traded at GBX 3.90 ($0.05). Approximately 249,449,516 shares traded hands during mid-day trading, an increase of 1,125% from the average daily volume of 20,358,814 shares. The stock had previously closed at GBX 4.09 ($0.06).
Metals One Trading Down 3.7%
The stock has a market cap of £32.38 million and a PE ratio of -73.89. The business’s 50-day moving average price is GBX 8.37 and its 200-day moving average price is GBX 15.93.
Metals One (LON:MET1 – Get Free Report) last released its earnings results on Monday, June 30th. The company reported GBX (53) earnings per share for the quarter.
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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