Power Metal Resources plc (LON:POW – Get Free Report)’s stock price was up 9.9% during mid-day trading on Monday . The company traded as high as GBX 16.50 ($0.21) and last traded at GBX 16.40 ($0.21). Approximately 851,731 shares traded hands during trading, an increase of 183% from the average daily volume of 301,401 shares. The stock had previously closed at GBX 14.93 ($0.19).
Power Metal Resources Price Performance
The business has a 50 day moving average of GBX 14.15 and a 200 day moving average of GBX 16.02. The company has a market cap of £18.51 million, a PE ratio of -1,600.00 and a beta of 0.86.
Insider Activity at Power Metal Resources
In other Power Metal Resources news, insider Sean Wade bought 200,000 shares of the stock in a transaction dated Friday, November 15th. The stock was purchased at an average cost of GBX 12 ($0.15) per share, for a total transaction of £24,000 ($30,222.89). 44.75% of the stock is currently owned by corporate insiders.
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.
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