Metals One PLC (LON:MET1 - Get Free Report) was up 9.8% during trading on Thursday . The company traded as high as GBX 45 ($0.60) and last traded at GBX 44.70 ($0.60). Approximately 12,050,813 shares were traded during trading, an increase of 563% from the average daily volume of 1,818,158 shares. The stock had previously closed at GBX 40.73 ($0.54).
Metals One Trading Up 10.1%
The stock has a market cap of £134.06 million and a price-to-earnings ratio of -333.63. The stock has a fifty day simple moving average of GBX 20.12 and a 200-day simple moving average of GBX 7.33.
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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