Sean Wade Acquires 200,000 Shares of Power Metal Resources plc (LON:POW) Stock

Power Metal Resources plc (LON:POW) insider Sean Wade acquired 200,000 shares of the company’s stock in a transaction that occurred on 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 ($30,310.68).

Power Metal Resources Stock Up 9.4 %

Shares of POW stock traded up GBX 1.15 ($0.01) on Friday, hitting GBX 13.39 ($0.17). The stock had a trading volume of 853,816 shares, compared to its average volume of 292,938. The business has a 50 day moving average price of GBX 14.36 and a 200 day moving average price of GBX 15.95. Power Metal Resources plc has a one year low of GBX 10 ($0.13) and a one year high of GBX 25.68 ($0.32). The company has a market cap of £15.30 million, a PE ratio of -1,600.00 and a beta of 0.86.

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.