Power Metal Resources plc (LON:POW – Get Free Report)’s stock price was down 2.8% during mid-day trading on Friday . The company traded as low as GBX 16.26 ($0.21) and last traded at GBX 17.50 ($0.23). Approximately 278,948 shares were traded during trading, a decline of 17% from the average daily volume of 334,149 shares. The stock had previously closed at GBX 18 ($0.23).
Power Metal Resources Trading Down 2.8 %
The stock has a 50 day moving average of GBX 17.90 and a 200-day moving average of GBX 10.41. The company has a market capitalization of £19.46 million, a P/E ratio of -1,750.00 and a beta of 0.87.
Insider Buying and Selling
In related news, insider Edmund (Ed) Charles Frederick Shaw sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of GBX 17 ($0.22), for a total value of £12,750 ($16,489.91). 45.88% of the stock is owned by 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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