Metals One (LON:MET1) Shares Up 5.8% – Still a Buy?

Shares of Metals One PLC (LON:MET1Get Free Report) shot up 5.8% on Monday . The stock traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). 600,909 shares were traded during trading, a decline of 12% from the average session volume of 682,644 shares. The stock had previously closed at GBX 0.52 ($0.01).

Metals One Stock Performance

The firm has a market cap of £1.65 million and a price-to-earnings ratio of -50.00. The stock has a 50-day moving average of GBX 0.46 and a two-hundred day moving average of GBX 0.70.

About Metals One

(Get Free Report)

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.

Further Reading

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