Insider Selling: Power Metals (CVE:PWM) Insider Sells 12,000 Shares of Stock

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 12,000 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of C$0.88, for a total value of C$10,560.00. Following the completion of the sale, the insider directly owned 31,864,500 shares in the company, valued at approximately C$28,040,760. The trade was a 0.04% decrease in their ownership of the stock.

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

• On Friday, November 7th, Winsome Resources Limited sold 21,000 shares of Power Metals stock. The shares were sold at an average price of C$0.88, for a total value of C$18,480.00.
• On Monday, November 10th, Winsome Resources Limited sold 45,500 shares of Power Metals stock. The shares were sold at an average price of C$0.91, for a total transaction of C$41,405.00.
• On Wednesday, November 12th, Winsome Resources Limited sold 15,500 shares of Power Metals stock. The stock was sold at an average price of C$0.90, for a total transaction of C$13,950.00.
• On Thursday, November 13th, Winsome Resources Limited sold 30,000 shares of Power Metals stock. The stock was sold at an average price of C$0.89, for a total transaction of C$26,700.00.
• On Friday, November 14th, Winsome Resources Limited sold 68,000 shares of Power Metals stock. The shares were sold at an average price of C$0.86, for a total transaction of C$58,480.00.
• On Monday, November 17th, Winsome Resources Limited sold 20,000 shares of Power Metals stock. The stock was sold at an average price of C$0.83, for a total transaction of C$16,600.00.
• On Thursday, November 20th, Winsome Resources Limited sold 10,000 shares of Power Metals stock. The shares were sold at an average price of C$0.76, for a total transaction of C$7,600.00.
• On Friday, November 21st, Winsome Resources Limited sold 47,000 shares of Power Metals stock. The shares were sold at an average price of C$0.73, for a total transaction of C$34,310.00.
• On Thursday, October 30th, Winsome Resources Limited sold 28,000 shares of Power Metals stock. The stock was sold at an average price of C$0.91, for a total value of C$25,480.00.
• On Friday, October 31st, Winsome Resources Limited sold 111,500 shares of Power Metals stock. The shares were sold at an average price of C$0.96, for a total value of C$107,040.00.

Power Metals Trading Up 1.4%

CVE:PWM traded up C$0.01 during trading hours on Monday, reaching C$0.74. 62,462 shares of the company traded hands, compared to its average volume of 302,683. The business’s 50-day moving average price is C$0.87 and its two-hundred day moving average price is C$0.80. Power Metals Corp. has a 1 year low of C$0.34 and a 1 year high of C$1.47. The stock has a market capitalization of C$115.23 million, a P/E ratio of -74.00 and a beta of 0.14.

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.