Metals One PLC (LON:MET1 - Get Free Report)'s share price traded down 21.9% during mid-day trading on Monday . The company traded as low as GBX 35.01 ($0.47) and last traded at GBX 37.50 ($0.50). 36,738,629 shares were traded during mid-day trading, an increase of 1,323% from the average session volume of 2,581,020 shares. The stock had previously closed at GBX 48 ($0.64).
Metals One Stock Performance
The business's 50 day moving average is GBX 19.35 and its 200-day moving average is GBX 7.06. The stock has a market cap of £115.57 million and a price-to-earnings ratio of -287.61.
About Metals One
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Metals One, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Metals One wasn't on the list.
While Metals One currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
