Metals One PLC (LON:MET1 – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01), with a volume of 278426 shares traded. The stock had previously closed at GBX 0.53 ($0.01).
Metals One Stock Performance
The firm has a fifty day simple moving average of GBX 0.82 and a 200 day simple moving average of GBX 1.07. The company has a market cap of £1.49 million and a PE ratio of -25.20.
Insider Buying and Selling
In other news, insider Jonathan Owen acquired 40,000 shares of Metals One stock in a transaction dated Tuesday, July 16th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £400 ($523.08). Corporate insiders own 70.66% of the company’s stock.
Metals One Company Profile
Metals One PLC focuses on acquiring natural resources projects. The company intends to acquire battery metal projects, including nickel, lithium, cobalt, and copper. It holds 100% interests in the Black Schist project covering an area of approximately 706 square kilometers located in Finland; and 80% interest in the Brownfield Råna nickel project covering an area of approximately 18 square kilometers located in Norway.
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