Metals One (LON:MET1) Stock Price Up 4.2% – Time to Buy?

Shares of Metals One PLC (LON:MET1Get Free Report) traded up 4.2% during trading on Tuesday . The stock traded as high as GBX 0.60 ($0.01) and last traded at GBX 0.52 ($0.01). 1,183,204 shares traded hands during trading, a decline of 46% from the average session volume of 2,206,976 shares. The stock had previously closed at GBX 0.50 ($0.01).

Metals One Stock Up 20.0 %

The firm has a market capitalization of £1.85 million and a price-to-earnings ratio of -4.60. The stock has a 50 day moving average of GBX 0.37 and a 200 day moving average of GBX 0.48.

Metals One Company Profile

(Get Free Report)

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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