Power Metal Resources (LON:POW) Sets New 1-Year Low – What’s Next?

Posted by Alanna Baker on Jan 23rd, 2025

Power Metal Resources plc (LON:POW – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 11.50 ($0.14) and last traded at GBX 12.01 ($0.15), with a volume of 1082576 shares traded. The stock had previously closed at GBX 12.75 ($0.16).

Power Metal Resources Stock Up 4.8 %

The stock has a 50 day moving average of GBX 13.85 and a 200 day moving average of GBX 15.08. The firm has a market cap of £14.97 million, a price-to-earnings ratio of -1,600.00 and a beta of 0.86.

Power Metal Resources (LON:POW – Get Free Report) last issued its earnings results on Monday, December 30th. The company reported GBX 3.09 ($0.04) EPS for the quarter.

Insider Buying and Selling at Power Metal Resources

In other Power Metal Resources news, insider Sean Wade bought 200,000 shares of the stock in a transaction on Friday, November 15th. The stock was purchased at an average price of GBX 12 ($0.15) per share, with a total value of £24,000 ($29,644.27). Company insiders own 44.75% of the company’s stock.

Power Metal Resources Company Profile

(Get Free Report)

Power Metal Resources plc, together with its subsidiaries, engages in the exploration and exploitation of mineral resources in Africa, Australia, Canada, and the United States. The company primarily explores for nickel, lithium, tungsten, rare earths, platinum group elements, copper, graphite, uranium, gold, and silver.