Metals One (LON:MET1) Shares Up 4.2% – Time to Buy?

Metals One PLC (LON:MET1Get Free Report)’s stock price traded up 4.2% during mid-day trading on Tuesday . The company traded as high as GBX 0.60 ($0.01) and last traded at GBX 0.52 ($0.01). 1,183,204 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 2,206,976 shares. The stock had previously closed at GBX 0.50 ($0.01).

Metals One Price Performance

The company has a 50 day moving average price of GBX 0.39 and a 200 day moving average price of GBX 0.48. The firm has a market cap of £2.20 million and a PE ratio of -5.48.

About Metals One

(Get Free Report)

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.

See Also

Receive News & Ratings for Metals One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metals One and related companies with MarketBeat.com's FREE daily email newsletter.