Metals One (LON:MET1) share price up 2%

Metals One PLC (LON:MET1 – Get a free report ) was up 2% in mid-day trading on Thursday. The stock traded as high as GBX 0.80 ($0.01) and last traded at GBX 0.77 ($0.01). 782,969 shares were traded mid-day, up 47% from the session’s average volume of 531,091 shares. The stock had previously closed at GBX 0.75 ($0.01).

Metals One Stock Performance

The company has a fifty day simple moving average of GBX 0.85 and a 200 day simple moving average of GBX 1.13. The stock has a market capitalization of £2.29 million and a price-to-earnings ratio of -38.25.

Inside activity at Metals One

In other Metals One news, insider Jonathan Owen acquired 40,000 shares of the stock in a transaction dated Tuesday, July 16th. The shares were purchased at an average price of GBX 1 ($0.01) per share, with a total value of GBX 400 ($525.97). Insiders own 63.79% of the company’s shares.

Metals One Company Profile

(Get a free report)

Metals One PLC focuses on natural resource acquisition projects. The company plans 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 Råna brownfield nickel project covering an area of ​​approximately 18 square kilometers located in Norway.

Further reading

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