The Metals is trading at $3.88 (4.2% up), rebounding from last week’s sharp pullback as momentum continues following a favorable UN seabed mining ruling.
- The International Tribunal for the Law of the Sea recently issued a decision protecting the due-process rights of the company's NORI subsidiary.
- Traders appear to be adding risk back into this high-beta, news-sensitive name amid modest gains in major indices and crypto markets.