Metals One PLC (LON:MET1 – Get Free Report)’s share price shot up 16% on Wednesday . The company traded as high as GBX 0.53 ($0.01) and last traded at GBX 0.52 ($0.01). 690,348 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 676,771 shares. The stock had previously closed at GBX 0.45 ($0.01).
Metals One Stock Performance
The firm’s 50 day simple moving average is GBX 0.46 and its 200-day simple moving average is GBX 0.68. The company has a market cap of £1.47 million and a price-to-earnings ratio of -40.60.
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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