Metals One (LON:MET1) Trading Up 2%

Metals One PLC (LON:MET1Get Free Report)’s stock price traded up 2% during 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 traded hands during mid-day trading, an increase of 47% from the average session volume of 531,091 shares. The stock had previously closed at GBX 0.75 ($0.01).

Metals One Price Performance

The stock has a 50-day moving average price of GBX 0.84 and a 200-day moving average price of GBX 1.12. The company has a market capitalization of £2.24 million and a price-to-earnings ratio of -37.50.

Insider Activity at Metals One

In related news, insider Jonathan Owen bought 40,000 shares of the business’s stock in a transaction dated Tuesday, July 16th. The stock was bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £400 ($525.97). 63.79% of the stock is owned by company insiders.

About Metals One

(Get Free Report)

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.

Read More

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.