Metals One (LON:MET1) Issues Earnings Results

Metals One (LON:MET1 – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX (2.60) EPS for the quarter, Digital Look Earnings reports.

Metals One Trading Up 0.7%

MET1 stock traded up GBX 0.01 during midday trading on Tuesday, reaching GBX 1.44. 16,393,916 shares of the company’s stock traded hands, compared to its average volume of 9,297,899. Metals One has a 52-week low of GBX 1.15 and a 52-week high of GBX 29.60. The stock’s 50-day moving average is GBX 1.43 and its 200 day moving average is GBX 1.70. The stock has a market cap of £16.27 million and a P/E ratio of -0.29.

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About Metals One

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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. Metals One’s Black Schist Project in Finland, totalling 706 km2 across three licence areas, has a total Inferred Resource of 57.1 Mt nickel-copper-cobalt-zinc and is located adjacent to one of Europe’s largest strategic minerals producers, Terrafame.

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