Power Metal Resources (LON:POW) Sets New 12-Month Low – Time to Sell?

Power Metal Resources plc (LON:POW)’s stock price reached a new 52-week low during trading on Monday. The company traded as low as GBX 9.70 and last traded at GBX 9.95, with a volume of 47,565 shares traded. The stock had previously closed at GBX 10.50.

Power Metal Resources Trading Down 5.3%

The firm has a market capitalization of £11.23 million, a P/E ratio of -5.15 and a beta of 0.32. The company has a current ratio of 6.66, a quick ratio of 2.24 and a debt-to-equity ratio of 2.25. The stock has a 50 day simple moving average of GBX 11.63 and a 200-day simple moving average of GBX 13.11.

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

Power Metal Resources Company Profile

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.