Power Metal Resources (LON:POW) Trading Down 0.7% – Time to Sell?

Power Metal Resources plc (LON:POWGet Free Report)’s stock price dropped 0.7% on Thursday . The stock traded as low as GBX 14 ($0.18) and last traded at GBX 14.40 ($0.19). Approximately 221,751 shares were traded during trading, a decline of 53% from the average daily volume of 470,750 shares. The stock had previously closed at GBX 14.50 ($0.19).

Power Metal Resources Stock Down 1.5 %

The business’s 50-day simple moving average is GBX 13.44 and its 200-day simple moving average is GBX 13.90. The company has a current ratio of 9.36, a quick ratio of 2.24 and a debt-to-equity ratio of 8.16.

Power Metal Resources (LON:POWGet Free Report) last posted its earnings results on Monday, December 30th. The company reported GBX 3.09 ($0.04) earnings per share (EPS) for the quarter.

About Power Metal Resources

(Get Free Report)

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.

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