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

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

Power Metal Resources Trading Down 1.2%

LON POW opened at GBX 13.09 on Wednesday. Power Metal Resources has a 12 month low of GBX 11.50 and a 12 month high of GBX 19. The stock has a 50-day simple moving average of GBX 13.28 and a 200 day simple moving average of GBX 13.88. The company has a current ratio of 9.36, a quick ratio of 2.24 and a debt-to-equity ratio of 8.16. The company has a market capitalization of £14.78 million, a PE ratio of 9.99 and a beta of 0.33.

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.