The Metals is trading 4.13% down now at $4.88, with no clearly identified company-specific announcement on August 28, 2026.
- Latest company-related developments remain earlier August regulatory and quarterly updates, including NOAA’s August 19 Federal Register publication and reported permitting delays.
- Broader conditions are only modestly negative: S&P 500 down 0.22% and Nasdaq down 0.43%.
- Bitcoin and Ethereum are also lower, but The Metals is not a crypto-linked operating company, so crypto weakness is not a primary explanation.