Power Metal Resources plc (LON:POW) Insider Purchases £18,000 in Stock

Power Metal Resources plc (LON:POW) insider Sean Wade acquired 150,000 shares of Power Metal Resources stock in a transaction that occurred on Wednesday, May 14th. The shares were purchased at an average price of GBX 12 ($0.16) per share, with a total value of £18,000 ($23,955.28).

Power Metal Resources Price Performance

Shares of POW opened at GBX 13 ($0.17) on Wednesday. Power Metal Resources plc has a twelve month low of GBX 11.15 ($0.15) and a twelve month high of GBX 21 ($0.28). 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 company has a 50 day moving average of GBX 12.58 and a two-hundred day moving average of GBX 13.32.

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.