Metals One PLC (LON:MET1 – Get Free Report)’s stock price traded down 0.2% during mid-day trading on Tuesday . The stock traded as low as GBX 1.29 and last traded at GBX 1.32. 1,261,115 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 8,688,307 shares. The stock had previously closed at GBX 1.32.
Metals One Price Performance
The company has a market capitalization of £14.90 million and a price-to-earnings ratio of -0.51. The business has a fifty day moving average price of GBX 1.38 and a 200 day moving average price of GBX 1.64.
Metals One (LON:MET1 – Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported GBX (2.60) earnings per share for the quarter.
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. Metals One’s Black Schist Project in Finland, totalling 706 km2 across three licence areas, has a total Inferred Resource of 57.1 Mt nickel-copper-cobalt-zinc and is located adjacent to one of Europe’s largest strategic minerals producers, Terrafame.
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