Power Metal Resources plc (LON:POW – Get Free Report) shot up 0.8% during mid-day trading on Monday . The company traded as high as GBX 13.25 and last traded at GBX 12.90. 253,817 shares traded hands during trading, a decline of 57% from the average session volume of 593,426 shares. The stock had previously closed at GBX 12.80.
Power Metal Resources Price Performance
The company has a quick ratio of 2.24, a current ratio of 9.36 and a debt-to-equity ratio of 8.16. The firm’s fifty day moving average price is GBX 13.74 and its two-hundred day moving average price is GBX 13.89. The stock has a market capitalization of £14.57 million, a PE ratio of 9.85 and a beta of 0.33.
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. The company was formerly known as African Battery Metals Plc and changed its name to Power Metal Resources plc in June 2019. Power Metal Resources plc was incorporated in 2011 and is based in London, the United Kingdom.
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