Power Metal Resources (LON:POW) Posts Earnings Results

Power Metal Resources (LON:POW) posted its quarterly earnings data on Wednesday. The company reported GBX (0.27) EPS for the quarter, Digital Look Earnings reports. Power Metal Resources had a negative return on equity of 14.52% and a negative net margin of 6,109.68%.

Power Metal Resources Stock Down 2.8%

Power Metal Resources stock opened at GBX 11.66 on Thursday. The firm has a market cap of £13.17 million, a price-to-earnings ratio of 3.82 and a beta of 0.29. Power Metal Resources has a 52-week low of GBX 11 and a 52-week high of GBX 17.50. The company has a debt-to-equity ratio of 2.25, a quick ratio of 2.24 and a current ratio of 6.66. The firm has a 50 day moving average price of GBX 12.45 and a two-hundred day moving average price of GBX 12.85.

Power Metal Resources Company Profile

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. The company was formerly known as African Battery Metals Plc and changed its name to Power Metal Resources plc in June 2019. Power Metal Resources plc was incorporated in 2011 and is based in London, the United Kingdom.