Metals One (LON:MET1) Trading 7.1% Higher – Still a Buy?

Metals One PLC (LON:MET1Get Free Report)’s stock price shot up 7.1% on Monday . The stock traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). 425,344 shares were traded during mid-day trading, a decline of 77% from the average session volume of 1,847,931 shares. The stock had previously closed at GBX 0.28 ($0.00).

Metals One Stock Performance

The firm has a market capitalization of £921,258.00 and a PE ratio of -27.90. The stock’s 50-day simple moving average is GBX 0.40 and its 200-day simple moving average is GBX 0.53.

About Metals One

(Get Free Report)

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.

Further Reading

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