Metals One PLC (LON:MET1 - Get Free Report) dropped 7.5% during mid-day trading on Monday . The stock traded as low as GBX 22.21 ($0.30) and last traded at GBX 23.60 ($0.32). Approximately 37,325,738 shares changed hands during mid-day trading, an increase of 318% from the average daily volume of 8,936,112 shares. The stock had previously closed at GBX 25.50 ($0.34).
Metals One Stock Performance
The stock has a market cap of £36.83 million and a P/E ratio of -91.65. The company's 50 day moving average price is GBX 26.43 and its 200-day moving average price is GBX 14.31.
Metals One (LON:MET1 - Get Free Report) last posted its earnings results on Monday, June 30th. The company reported GBX (53) (($0.71)) earnings per share (EPS) for the quarter.
About Metals One
(
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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.
Further Reading
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