Shares of Power Metal Resources plc (LON:POW – Get Free Report) traded down 3.4% on Tuesday . The stock traded as low as GBX 13.58 ($0.17) and last traded at GBX 14 ($0.17). 51,730 shares were traded during mid-day trading, a decline of 83% from the average session volume of 301,163 shares. The stock had previously closed at GBX 14.50 ($0.18).
Power Metal Resources Stock Performance
The company has a market capitalization of £15.68 million, a PE ratio of -1,600.00 and a beta of 0.86. The stock’s fifty day simple moving average is GBX 14.02 and its 200-day simple moving average is GBX 15.96.
Insider Activity at Power Metal Resources
In other Power Metal Resources news, insider Sean Wade purchased 200,000 shares of the stock in a transaction on Friday, November 15th. The stock was bought at an average price of GBX 12 ($0.15) per share, for a total transaction of £24,000 ($29,996.25). Insiders own 44.75% of the company’s stock.
About Power Metal Resources
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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