Power Metal Resources (LON:POW) Releases Earnings Results

Power Metal Resources (LON:POW) issued its quarterly earnings data on Wednesday. The company reported GBX (0.27) earnings per share for the quarter, Digital Look Earnings reports. Power Metal Resources had a negative net margin of 6,109.68% and a negative return on equity of 14.52%.

Power Metal Resources Price Performance

Shares of LON:POW opened at GBX 12.12 on Wednesday. The firm’s 50 day moving average is GBX 12.44 and its two-hundred day moving average is GBX 12.86. The firm has a market capitalization of £13.69 million, a P/E ratio of 3.97 and a beta of 0.29. The company has a current ratio of 6.66, a quick ratio of 2.24 and a debt-to-equity ratio of 2.25. Power Metal Resources has a 52 week low of GBX 11 and a 52 week high of GBX 17.50.

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.