Power Metal Resources plc (LON:POW) Insider Purchases £24,000 in Stock

Power Metal Resources plc (LON:POW) insider Sean Wade bought 200,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were bought at an average price of GBX 12 ($0.15) per share, for a total transaction of £24,000 ($30,245.75).

Power Metal Resources Stock Performance

Shares of LON POW opened at GBX 13.39 ($0.17) on Monday. The business’s 50-day simple moving average is GBX 14.31 and its 200-day simple moving average is GBX 15.96. Power Metal Resources plc has a 52 week low of GBX 10 ($0.13) and a 52 week high of GBX 25.68 ($0.32). The firm has a market cap of £15.30 million, a price-to-earnings ratio of -1,600.00 and a beta of 0.86.

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.