Metals One PLC (LON:MET1 – Get Free Report) traded down 0.2% during trading on Tuesday . The company traded as low as GBX 1.29 and last traded at GBX 1.32. Approximately 1,261,115 shares were traded during trading, a decline of 85% from the average daily volume of 8,688,307 shares. The stock had previously closed at GBX 1.32.
Metals One Price Performance
The stock has a market cap of £14.90 million and a P/E ratio of -0.51. The company has a fifty day moving average of GBX 1.38 and a 200 day moving average of GBX 1.64.
Metals One (LON:MET1 – Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported GBX (2.60) earnings per share (EPS) for the quarter.
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.
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