Power Metal Resources (LON:POW) Reaches New 1-Year Low – Should You Sell?

Power Metal Resources plc (LON:POW)’s share price reached a new 52-week low on Monday. The stock traded as low as GBX 10 and last traded at GBX 10, with a volume of 86,916 shares changing hands. The stock had previously closed at GBX 10.20.

Power Metal Resources Price Performance

The company has a debt-to-equity ratio of 2.25, a current ratio of 6.66 and a quick ratio of 2.24. The firm’s 50 day simple moving average is GBX 12.14 and its 200 day simple moving average is GBX 12.61. The stock has a market capitalization of £11.29 million, a PE ratio of -5.18 and a beta of 0.29.

Power Metal Resources (LON:POW) last issued its earnings results on Wednesday, September 30th. The company reported GBX (0.27) EPS for the quarter. Power Metal Resources had a negative return on equity of 14.52% and a negative net margin of 6,109.68%.

About Power Metal Resources

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.