Power Metal Resources (LON:POW) Trading Down 0.7% – Here’s Why

Power Metal Resources plc (LON:POWGet Free Report) shares dropped 0.7% on Thursday . The stock traded as low as GBX 14 ($0.18) and last traded at GBX 14.40 ($0.19). Approximately 221,751 shares changed hands during trading, a decline of 53% from the average daily volume of 470,750 shares. The stock had previously closed at GBX 14.50 ($0.19).

Power Metal Resources Stock Down 0.7 %

The company has a debt-to-equity ratio of 8.16, a quick ratio of 2.24 and a current ratio of 9.36. The business’s 50 day moving average is GBX 13.41 and its two-hundred day moving average is GBX 13.90.

Power Metal Resources (LON:POWGet Free Report) last released its earnings results on Monday, December 30th. The company reported GBX 3.09 ($0.04) EPS for the quarter.

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.

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