Metals One PLC (LON:MET1 – Get Free Report) shares shot up 6.1% during trading on Tuesday . The company traded as high as GBX 1.06 ($0.01) and last traded at GBX 0.96 ($0.01). 4,391,390 shares were traded during mid-day trading, an increase of 54% from the average session volume of 2,844,175 shares. The stock had previously closed at GBX 0.90 ($0.01).
Metals One Stock Up 6.1 %
The firm has a market cap of £2.94 million and a P/E ratio of -7.32. The business has a fifty day simple moving average of GBX 0.53 and a 200-day simple moving average of GBX 0.49.
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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