Metals One PLC (LON:MET1 - Get Free Report)'s stock price was up 9.7% on Friday . The stock traded as high as GBX 17 ($0.22) and last traded at GBX 17 ($0.22). Approximately 271,027 shares changed hands during trading, a decline of 29% from the average daily volume of 380,756 shares. The stock had previously closed at GBX 15.50 ($0.20).
Metals One Stock Performance
The company has a 50-day moving average of GBX 4.77 and a 200-day moving average of GBX 1.95. The firm has a market capitalization of £47.77 million and a price-to-earnings ratio of -118.88.
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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