Metals One (LON:MET1) Stock Price Down 5.9% – Should You Sell?

Metals One PLC (LON:MET1Get Free Report)’s share price traded down 5.9% on Thursday . The stock traded as low as GBX 0.40 ($0.00) and last traded at GBX 0.40 ($0.00). 365,896 shares changed hands during mid-day trading, an increase of 210% from the average session volume of 118,023 shares. The stock had previously closed at GBX 0.43 ($0.01).

Metals One Trading Down 5.9 %

The business’s 50-day simple moving average is GBX 0.45 and its 200-day simple moving average is GBX 0.62. The company has a market cap of £1.32 million and a PE ratio of -40.00.

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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