Metals One (LON:MET1) Sets New 12-Month Low at $1.00

Metals One PLC (LON:MET1Get Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1.05 ($0.01), with a volume of 32699 shares traded. The stock had previously closed at GBX 1 ($0.01).

Metals One Stock Performance

The company’s 50-day moving average price is GBX 1.53 and its 200-day moving average price is GBX 2.37.

Insider Activity at Metals One

In related news, insider Alastair Clayton purchased 500,000 shares of Metals One stock in a transaction that occurred on Wednesday, April 17th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £5,000 ($6,224.32). 68.37% of the stock is owned by corporate 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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