Power Metal Resources (LON:POW) Issues Quarterly Earnings Results

Power Metal Resources (LON:POW) posted its quarterly earnings data on Tuesday. The company reported GBX 2.44 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 8 million during the quarter. Power Metal Resources had a return on equity of 18.19% and a net margin of 576.43%.

Power Metal Resources Stock Up 0.6%

POW opened at GBX 13.45 on Thursday. The business has a 50 day moving average price of GBX 13.28 and a two-hundred day moving average price of GBX 13.88. 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 company has a market cap of £15.19 million, a PE ratio of 4.41 and a beta of 0.33. Power Metal Resources has a 52 week low of GBX 11.50 and a 52 week high of GBX 19.

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.