Power Metal Resources (LON:POW) Reaches New 1-Year Low – Here’s What Happened

Power Metal Resources plc (LON:POWGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 11.05 and last traded at GBX 12, with a volume of 169838 shares. The stock had previously closed at GBX 11.50.

Power Metal Resources Trading Up 4.3%

The firm has a market cap of £13.55 million, a PE ratio of 3.93 and a beta of 0.29. 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 business has a 50-day moving average price of GBX 12.74 and a two-hundred day moving average price of GBX 13.84.

Power Metal Resources (LON:POWGet Free Report) last posted its earnings results on Tuesday, June 2nd. The company reported GBX 2.44 earnings per share (EPS) for the quarter. The firm had revenue of GBX 8 million for the quarter. Power Metal Resources had a negative return on equity of 14.52% and a negative net margin of 6,109.68%.

Power Metal Resources Company Profile

(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. 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.

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