Power Metals Corp. (CVE:PWM – Get Free Report) insider Winsome Resources Limited sold 102,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of C$0.46, for a total transaction of C$46,920.00. Following the completion of the sale, the insider directly owned 51,000 shares of the company’s stock, valued at approximately C$23,460. The trade was a 66.67% decrease in their position.
Winsome Resources Limited also recently made the following trade(s):
- On Wednesday, May 13th, Winsome Resources Limited sold 20,000 shares of Power Metals stock. The stock was sold at an average price of C$0.46, for a total transaction of C$9,200.00.
- On Thursday, May 14th, Winsome Resources Limited sold 62,500 shares of Power Metals stock. The stock was sold at an average price of C$0.48, for a total transaction of C$30,000.00.
- On Thursday, May 14th, Winsome Resources Limited sold 20,000,000 shares of Power Metals stock. The stock was sold at an average price of C$0.13, for a total transaction of C$2,600,000.00.
- On Friday, May 15th, Winsome Resources Limited sold 61,000 shares of Power Metals stock. The stock was sold at an average price of C$0.47, for a total transaction of C$28,670.00.
Power Metals Price Performance
PWM opened at C$0.52 on Friday. Power Metals Corp. has a twelve month low of C$0.40 and a twelve month high of C$1.12. The company has a 50-day simple moving average of C$0.48 and a 200 day simple moving average of C$0.67. The stock has a market capitalization of C$90.75 million, a price-to-earnings ratio of -52.00 and a beta of 0.47.
About Power Metals
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. The company also has an option agreement to acquire 100% interests in the Paterson Lake property consisting of 106 cell claims located in northwestern Ontario; and holds Gullwing-Tot Lake property that consists of 112 cell claims located in northwestern Ontario.
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