Metals One PLC (LON:MET1 – Get Free Report) reached a new 52-week low during trading on Monday. The stock traded as low as GBX 1.07 and last traded at GBX 1.20, with a volume of 5811703 shares traded. The stock had previously closed at GBX 1.14.
Metals One Trading Up 5.3%
The stock has a market capitalization of £13.56 million and a PE ratio of -0.46. The business’s 50 day moving average is GBX 1.28 and its 200 day moving average is GBX 1.41.
Metals One (LON:MET1 – Get Free Report) last released its earnings results on Wednesday, September 30th. The company reported GBX (0.06) EPS 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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