Metals One (LON:MET1) Stock Price Up 13.9% – What’s Next?

Metals One PLC (LON:MET1Get Free Report)’s share price was up 13.9% on Wednesday . The company traded as high as GBX 0.44 ($0.01) and last traded at GBX 0.43 ($0.01). Approximately 4,855,041 shares traded hands during trading, an increase of 636% from the average daily volume of 660,025 shares. The stock had previously closed at GBX 0.38 ($0.00).

Metals One Price Performance

The firm has a market capitalization of £825,500.00 and a price-to-earnings ratio of -25.00. The firm has a 50 day moving average price of GBX 0.43 and a 200-day moving average price of GBX 0.56.

Metals One Company Profile

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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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