Shares of Power Metal Resources plc (LON:POW – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 14.55 ($0.18) and last traded at GBX 13.87 ($0.18), with a volume of 546415 shares changing hands. The stock had previously closed at GBX 0.75 ($0.01).
Power Metal Resources Trading Up 7.4 %
The business’s fifty day simple moving average is GBX 1.38 and its 200-day simple moving average is GBX 0.93. The firm has a market cap of £320.45 million, a P/E ratio of -11.00 and a beta of 0.89.
Power Metal Resources Company Profile
Power Metal Resources plc, together with its subsidiaries, engages in the exploration and development of mineral properties in North America, Australia, and Africa. It primarily explores for cobalt, lithium, copper, nickel, gold, rare earth elements, and platinum group metals. The company holds 30% interest in the Silver Peak project located in British Columbia; owns an interest in the Tati and Molopo Farms Complex projects situated in Botswana; and owns an interest in the Haneti project located in Tanzania.
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