Metals One (LON:MET1) Issues Earnings Results

Metals One (LON:MET1) posted its quarterly earnings data on Tuesday. The company reported GBX (2.60) earnings per share for the quarter, Digital Look Earnings reports.

Metals One Trading Down 0.4%

LON MET1 opened at GBX 1.40 on Thursday. The stock has a 50-day simple moving average of GBX 1.42 and a 200 day simple moving average of GBX 1.70. The company has a market capitalization of £15.82 million and a PE ratio of -0.28. Metals One has a 12 month low of GBX 1.15 and a 12 month high of GBX 29.60.

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. 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.