Insider Buying: Power Metal Resources plc (LON:POW) Insider Acquires 200,000 Shares of Stock

Power Metal Resources plc (LON:POW) insider Sean Wade purchased 200,000 shares of the company’s stock in a transaction dated 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 Price Performance

LON:POW opened at GBX 13.13 ($0.17) on Friday. The firm has a market capitalization of £15.00 million, a P/E ratio of -1,600.00 and a beta of 0.86. The business has a 50 day simple moving average of GBX 14.31 and a 200 day simple moving average of GBX 15.94. Power Metal Resources plc has a 12-month low of GBX 10 ($0.13) and a 12-month high of GBX 25.68 ($0.32).

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.