Power Metal Resources (LON:POW) Hits New 1-Year Low – Here’s What Happened

Power Metal Resources plc (LON:POW) reached a new 52-week low during trading on Monday. The company traded as low as GBX 11 and last traded at GBX 11.40, with a volume of 329665 shares trading hands. The stock had previously closed at GBX 11.40.

Power Metal Resources Stock Performance

The company has a debt-to-equity ratio of 2.25, a quick ratio of 2.24 and a current ratio of 6.66. The firm has a market capitalization of £12.87 million, a P/E ratio of 3.74 and a beta of 0.29. The firm has a 50 day simple moving average of GBX 12.45 and a two-hundred day simple moving average of GBX 12.81.

Power Metal Resources (LON:POW) last posted its earnings results on Wednesday, September 30th. The company reported GBX (0.27) earnings per share (EPS) for the quarter. Power Metal Resources had a negative return on equity of 14.52% and a negative net margin of 6,109.68%.

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.