Power Metal Resources (LON:POW) Trading Down 1.3% – Should You Sell?

Power Metal Resources plc (LON:POWGet Free Report) shares dropped 1.3% on Monday . The company traded as low as GBX 13 ($0.17) and last traded at GBX 13.32 ($0.18). Approximately 1,589,880 shares were traded during trading, an increase of 187% from the average daily volume of 553,951 shares. The stock had previously closed at GBX 13.50 ($0.18).

Power Metal Resources Stock Performance

The company has a market capitalization of £15.40 million, a PE ratio of 10.17 and a beta of 0.86. The business’s 50-day moving average is GBX 15.36 and its 200-day moving average is GBX 13.83. The company has a debt-to-equity ratio of 8.16, a quick ratio of 2.24 and a current ratio of 9.36.

Power Metal Resources (LON:POWGet Free Report) last issued its quarterly earnings results on Monday, September 29th. The company reported GBX 4.71 earnings per share (EPS) for the quarter.

About Power Metal Resources

(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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