Metals One (LON:MET1) Sets New 1-Year Low at $0.78

Metals One PLC (LON:MET1Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 0.78 ($0.01) and last traded at GBX 0.84 ($0.01), with a volume of 710779 shares changing hands. The stock had previously closed at GBX 0.89 ($0.01).

Metals One Price Performance

The firm’s 50 day moving average price is GBX 0.96 and its two-hundred day moving average price is GBX 1.42.

Insider Buying and Selling

In other Metals One news, insider Jonathan Owen acquired 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, with a total value of £400 ($514.54). 50.20% of the stock is owned by insiders.

About Metals One

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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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