Power Metal Resources (LON:POW) Hits New 12-Month Low – Should You Sell?

Posted by Amber O'Connor on Jan 23rd, 2025

Power Metal Resources plc (LON:POW – Get Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 11.50 ($0.14) and last traded at GBX 12.01 ($0.15), with a volume of 1082576 shares traded. The stock had previously closed at GBX 12.75 ($0.16).

Power Metal Resources Stock Performance

The stock has a market capitalization of £14.97 million, a price-to-earnings ratio of -1,600.00 and a beta of 0.86. The stock has a fifty day simple moving average of GBX 13.85 and a two-hundred day simple moving average of GBX 15.08.

Power Metal Resources (LON:POW – Get Free Report) last issued its earnings results on Monday, December 30th. The company reported GBX 3.09 ($0.04) earnings per share for the quarter.

Insiders Place Their Bets

In other news, insider Sean Wade purchased 200,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were acquired at an average price of GBX 12 ($0.15) per share, for a total transaction of £24,000 ($29,644.27). Corporate insiders own 44.75% of the company’s stock.

About Power Metal Resources

(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.