Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Metals One PLC ( (GB:MET1) ) just unveiled an update.
Metals One PLC has convened a general meeting for 30 January 2026 to seek shareholder approval for issuing ordinary shares to its Employee Benefit Trust and to renew the board’s authority to issue equity, including on a non-pre-emptive basis, as part of an incentive structure to retain and recruit key personnel. The request follows a year of transformative activity in which the company raised over £15 million, diversified its portfolio into gold, uranium and energy-transition metals, and secured exposure to a vertically integrated gold opportunity in South Africa via investments in Lions Bay entities. Supported by a refreshed board and strengthened governance framework, Metals One enters 2026 with an unaudited investments valuation of about £16 million and cash of £8.15 million, a strong balance sheet for a junior resource company that management believes will allow it to capitalise on sector opportunities and potential upside from a forecast demand-driven commodities supercycle.
More about Metals One PLC
Metals One PLC is a critical and precious metals exploration and development company focused on a strategic portfolio of projects and investments that support the Western world’s demand for responsibly sourced raw materials amid record gold prices. The AIM- and OTCQB-listed group targets gold, uranium and broader energy-transition metals, including copper, lithium and nickel, positioning itself to benefit from long-term demand driven by electrification, renewable energy, electric vehicles and related infrastructure.
Average Trading Volume: 11,976,472
Technical Sentiment Signal: Sell
Current Market Cap: £19.62M
Find detailed analytics on MET1 stock on TipRanks’ Stock Analysis page.