Power Metal Resources (LON:POW) Hits New 12-Month Low – Here’s What Happened

Power Metal Resources plc (LON:POW)’s share price reached a new 52-week low during trading on Monday. The company traded as low as GBX 9 and last traded at GBX 9.50, with a volume of 399,644 shares traded. The stock had previously closed at GBX 9.54.

Power Metal Resources Stock Performance

The company has a market capitalization of £11.99 million, a PE ratio of -4.92 and a beta of 0.32. The company has a quick ratio of 2.24, a current ratio of 6.66 and a debt-to-equity ratio of 2.25. The company has a 50-day moving average price of GBX 11.31 and a two-hundred day moving average price of GBX 12.97.

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

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.