Shares of Metals One PLC (LON:MET1 – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.52 ($0.01), with a volume of 460848 shares trading hands. The stock had previously closed at GBX 0.53 ($0.01).
Metals One Stock Down 0.4 %
The firm has a 50-day moving average of GBX 0.77 and a two-hundred day moving average of GBX 1.02. The stock has a market capitalization of £1.73 million and a price-to-earnings ratio of -25.00.
Insider Buying and Selling at Metals One
In related news, insider Jonathan Owen purchased 40,000 shares of Metals One stock in a transaction dated Tuesday, July 16th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £400 ($535.62). Company insiders own 64.55% of the company’s stock.
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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