Shares of Metals One PLC (LON:MET1 – Get Free Report) dropped 12.5% during mid-day trading on Tuesday . The stock traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.35 ($0.00). Approximately 508,259 shares were traded during trading, an increase of 19% from the average daily volume of 426,969 shares. The stock had previously closed at GBX 0.40 ($0.00).
Metals One Stock Down 12.9 %
The stock has a market capitalization of £1.22 million and a PE ratio of -37.00. The company’s fifty day moving average price is GBX 0.44 and its 200-day moving average price is GBX 0.56.
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.
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