MET1.L
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 interests in the Black Schist project located in Finland; and the Brownfield Råna nickel project located in Norway. The company was incorporated in 2021 and is based in London, the United Kingdom.
Industry
Industrial Materials
IPO Date
2023-07-31
Stock Exchange
LSE
Ticker
MET1.L
According to Metals One PLC’s latest financial reports and current stock price. The company's current Current Ratio is 0.36. This represents a change of -56.34% compared to the average of 0.83 of the last 4 quarters.
The mean historical Current Ratio of Metals One PLC over the last ten years is 1.28. The current 0.36 Current Ratio has changed 2.73% with respect to the historical average. Over the past ten years (40 quarters), MET1.L's Current Ratio was at its highest in in the June 2024 quarter at 1.63. The Current Ratio was at its lowest in in the June 2023 quarter at 0.14.
Average
1.28
Median
0.96
Minimum
0.36
Maximum
2.85
Discovering the peaks and valleys of Metals One PLC Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 63.98%
Maximum Annual Current Ratio = 2.85
Minimum Annual Increase = -74.57%
Minimum Annual Current Ratio = 0.36
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.36 | -69.49% |
| 2023 | 1.19 | 63.98% |
| 2022 | 0.72 | -74.57% |
The current Current Ratio of Metals One PLC (MET1.L) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.76
5-year avg
1.28
10-year avg
1.28
Metals One PLC’s Current Ratio is greater than Tungsten West PLC (0.11), less than Cloudbreak Discovery Plc (4.00), less than Rome Resources Plc (4.33), less than Celsius Resources Limited (2.55), greater than Corcel Plc (0.18), greater than Bezant Resources Plc (0.12), less than Power Metal Resources plc (9.36), less than Artemis Resources Limited (1.32), less than Landore Resources Limited (7.08), less than Great Southern Copper PLC (2.44),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.11 | N/A | |
| 4.00 | N/A | |
| 4.33 | N/A | |
| 2.55 | N/A | |
| 0.18 | N/A | |
| 0.12 | N/A | |
| 9.36 | N/A | |
| 1.32 | N/A | |
| 7.08 | N/A | |
| 2.44 | N/A |
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