Metals One (LON:MET1) Trading Up 7.1% – Still a Buy?

Metals One PLC (LON:MET1Get Free Report)’s share price rose 7.1% on Monday . The company traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 425,344 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 1,847,931 shares. The stock had previously closed at GBX 0.28 ($0.00).

Metals One Trading Up 11.6 %

The firm has a market cap of £921,258.00 and a P/E ratio of -27.90. The business’s fifty day simple moving average is GBX 0.40 and its 200-day simple moving average is GBX 0.53.

Metals One Company Profile

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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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