Metals One PLC (LON:MET1 - Get Free Report)'s share price rose 13.9% during mid-day trading on Tuesday . The stock traded as high as GBX 20.70 ($0.28) and last traded at GBX 20.50 ($0.28). Approximately 27,448,232 shares changed hands during mid-day trading, an increase of 301% from the average daily volume of 6,845,786 shares. The stock had previously closed at GBX 18 ($0.24).
Metals One Stock Performance
The stock has a 50 day moving average of GBX 27.86 and a two-hundred day moving average of GBX 12.05. The stock has a market cap of £63.18 million and a PE ratio of -157.23.
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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