Power Metals (CVE:PWM) Insider Winsome Resources Limited Sells 61,000 Shares

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 61,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of C$0.47, for a total transaction of C$28,670.00. Following the completion of the sale, the insider directly owned 153,000 shares of the company’s stock, valued at approximately C$71,910. This trade represents a 28.50% decrease in their ownership of the stock.

Winsome Resources Limited also recently made the following trade(s):

• On Wednesday, May 13th, Winsome Resources Limited sold 20,000 shares of Power Metals stock. The shares were sold at an average price of C$0.46, for a total transaction of C$9,200.00.
• On Thursday, May 14th, Winsome Resources Limited sold 62,500 shares of Power Metals stock. The shares were sold at an average price of C$0.48, for a total transaction of C$30,000.00.
• On Thursday, May 14th, Winsome Resources Limited sold 20,000,000 shares of Power Metals stock. The shares were sold at an average price of C$0.13, for a total transaction of C$2,600,000.00.
• On Tuesday, May 19th, Winsome Resources Limited sold 102,000 shares of Power Metals stock. The shares were sold at an average price of C$0.46, for a total transaction of C$46,920.00.

Power Metals Stock Performance

CVE:PWM opened at C$0.52 on Thursday. Power Metals Corp. has a one year low of C$0.40 and a one year high of C$1.12. The firm has a market cap of C$90.75 million, a P/E ratio of -52.00 and a beta of 0.47. The firm has a 50-day simple moving average of C$0.48 and a 200-day simple moving average of C$0.67.

About Power Metals

Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. The company primarily explores for lithium, cesium, and tantalum metal deposits. It holds a 100% interest in the Case Lake property that consists of 475 cell claims located in Ontario. The company also has an option agreement to acquire 100% interests in the Paterson Lake property consisting of 106 cell claims located in northwestern Ontario; and holds Gullwing-Tot Lake property that consists of 112 cell claims located in northwestern Ontario.