Insider Selling: Power Metals (CVE:PWM) Insider Sells 68,000 Shares of Stock

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 68,000 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of C$0.86, for a total transaction of C$58,480.00. Following the completion of the sale, the insider directly owned 31,751,000 shares of the company’s stock, valued at approximately C$27,305,860. This trade represents a 0.21% decrease in their position.

Winsome Resources Limited also recently made the following trade(s):

• On Friday, November 7th, Winsome Resources Limited sold 21,000 shares of Power Metals stock. The shares were sold at an average price of C$0.88, for a total transaction of C$18,480.00.
• On Monday, November 10th, Winsome Resources Limited sold 45,500 shares of Power Metals stock. The shares were sold at an average price of C$0.91, for a total value of C$41,405.00.
• On Tuesday, November 11th, Winsome Resources Limited sold 12,000 shares of Power Metals stock. The stock was sold at an average price of C$0.88, for a total value of C$10,560.00.
• On Wednesday, November 12th, Winsome Resources Limited sold 15,500 shares of Power Metals stock. The stock was sold at an average price of C$0.90, for a total value of C$13,950.00.
• On Thursday, November 13th, Winsome Resources Limited sold 30,000 shares of Power Metals stock. The shares were sold at an average price of C$0.89, for a total value of C$26,700.00.
• On Monday, November 17th, Winsome Resources Limited sold 20,000 shares of Power Metals stock. The stock was sold at an average price of C$0.83, for a total value of C$16,600.00.
• On Thursday, November 20th, Winsome Resources Limited sold 10,000 shares of Power Metals stock. The stock was sold at an average price of C$0.76, for a total value of C$7,600.00.
• On Friday, November 21st, Winsome Resources Limited sold 47,000 shares of Power Metals stock. The shares were sold at an average price of C$0.73, for a total transaction of C$34,310.00.
• On Thursday, October 30th, Winsome Resources Limited sold 28,000 shares of Power Metals stock. The shares were sold at an average price of C$0.91, for a total transaction of C$25,480.00.
• On Friday, October 31st, Winsome Resources Limited sold 111,500 shares of Power Metals stock. The stock was sold at an average price of C$0.96, for a total transaction of C$107,040.00.

Power Metals Stock Performance

Shares of Power Metals stock traded up C$0.01 on Monday, reaching C$0.74. The company had a trading volume of 62,462 shares, compared to its average volume of 302,683. The firm’s 50 day moving average price is C$0.87 and its two-hundred day moving average price is C$0.80. Power Metals Corp. has a 52-week low of C$0.34 and a 52-week high of C$1.47. The firm has a market cap of C$115.23 million, a PE ratio of -74.00 and a beta of 0.14.

Power Metals Company Profile

Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. The company primarily explores for lithium, cesium, and tantalum metal deposits. It holds a 100% interest in the Case Lake property that consists of 475 cell claims located in Ontario.