Metals One (LON:MET1) Trading Up 15.7% – What’s Next?

Metals One PLC (LON:MET1Get Free Report)’s share price was up 15.7% during mid-day trading on Monday . The stock traded as high as GBX 1.30 ($0.02) and last traded at GBX 1.17 ($0.02). Approximately 9,066,642 shares were traded during trading, an increase of 232% from the average daily volume of 2,727,367 shares. The stock had previously closed at GBX 1.01 ($0.01).

Metals One Stock Up 13.7 %

The business’s fifty day moving average price is GBX 0.41 and its 200 day moving average price is GBX 0.48. The firm has a market capitalization of £3.54 million and a PE ratio of -8.82.

About Metals One

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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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