Power Metal Resources (LON:POW) Announces Earnings Results

Power Metal Resources (LON:POW) announced its quarterly earnings results on Wednesday. The company reported GBX (0.27) EPS for the quarter, Digital Look Earnings reports. Power Metal Resources had a negative net margin of 6,109.68% and a negative return on equity of 14.52%.

Power Metal Resources Trading Down 4.8%

Shares of POW stock opened at GBX 11.47 on Friday. Power Metal Resources has a 12-month low of GBX 11 and a 12-month high of GBX 17.50. The company has a market capitalization of £12.96 million, a PE ratio of 3.76 and a beta of 0.29. The firm has a 50 day moving average price of GBX 12.45 and a two-hundred day moving average price of GBX 12.83. The company has a quick ratio of 2.24, a current ratio of 6.66 and a debt-to-equity ratio of 2.25.

About Power Metal Resources

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.