Power Metal Resources (LON:POW) Trading 1.9% Higher

Power Metal Resources plc (LON:POW – Get Rating) traded up 1.9% on Thursday . The company traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.35 ($0.02). 4,463,109 shares were traded during trading, a decline of 12% from the average session volume of 5,099,178 shares. The stock had previously closed at GBX 1.33 ($0.02).

The business has a fifty day simple moving average of GBX 1.42 and a two-hundred day simple moving average of GBX 1.44. The company has a market capitalization of £20.17 million and a price-to-earnings ratio of -13.36.

Power Metal Resources Company Profile (LON:POW)

Power Metal Resources plc, together with its subsidiaries, engages in the exploration and development of mineral properties in North America, Australia, and Africa. It primarily explores for cobalt, lithium, copper, nickel, gold, rare earth elements, and platinum group metals. The company holds 70% interest in the Kisinka project situated in the Democratic Republic of the Congo; and 30% interest in the Silver Peak project located in British Columbia, as well as owns an interest in projects located in Botswana and Tanzania.

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