Power Metal Resources (LON:POW) Stock Price Up 3.9% – Here’s Why

Posted by Joseph Casey on Feb 12th, 2025

Power Metal Resources plc (LON:POW – Get Free Report) traded up 3.9% during trading on Tuesday . The stock traded as high as GBX 16.40 ($0.20) and last traded at GBX 14.80 ($0.18). 1,014,832 shares traded hands during mid-day trading, an increase of 80% from the average session volume of 563,333 shares. The stock had previously closed at GBX 14.25 ($0.18).

Power Metal Resources Price Performance

The stock’s 50-day moving average price is GBX 13.61 and its 200 day moving average price is GBX 14.61. The firm has a market cap of £16.91 million, a P/E ratio of -1,600.00 and a beta of 0.86.

Power Metal Resources (LON:POW – Get Free Report) last posted its quarterly 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 related news, insider Sean Wade bought 200,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were purchased at an average price of GBX 12 ($0.15) per share, for a total transaction of £24,000 ($29,884.20). 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.