Metals One PLC (LON:MET1 - Get Free Report)'s stock price fell 9.8% during trading on Monday . The company traded as low as GBX 36.50 ($0.50) and last traded at GBX 37 ($0.50). 8,054,667 shares were traded during mid-day trading, an increase of 186% from the average session volume of 2,812,980 shares. The stock had previously closed at GBX 41 ($0.56).
Metals One Stock Down 5.1%
The company has a market capitalization of £86.29 million and a P/E ratio of -214.75. The business has a 50 day moving average of GBX 28.44 and a 200 day moving average of GBX 10.53.
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.
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