Metals One PLC (LON:MET1 – Get Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01), with a volume of 278426 shares changing hands. The stock had previously closed at GBX 0.53 ($0.01).
Metals One Price Performance
The business’s fifty day moving average price is GBX 0.79 and its 200-day moving average price is GBX 1.05. The stock has a market capitalization of £1.57 million and a price-to-earnings ratio of -26.25.
Insider Activity
In related news, insider Jonathan Owen purchased 40,000 shares of the stock in a transaction that occurred on Tuesday, July 16th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £400 ($528.40). Corporate insiders own 70.66% of the company’s stock.
About Metals One
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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