Power Metal Resources plc (LON:POW – Get Free Report) shares shot up 10.9% during trading on Wednesday . The company traded as high as GBX 19 ($0.26) and last traded at GBX 18.03 ($0.24). 1,557,177 shares traded hands during mid-day trading, an increase of 213% from the average session volume of 496,794 shares. The stock had previously closed at GBX 16.25 ($0.22).
Power Metal Resources Stock Performance
The company has a debt-to-equity ratio of 8.16, a quick ratio of 2.24 and a current ratio of 9.36. The business has a 50 day simple moving average of GBX 14.02 and a 200 day simple moving average of GBX 13.29.
Power Metal Resources (LON:POW – Get Free Report) last released its quarterly earnings results on Monday, June 30th. The company reported GBX 2.98 EPS for the quarter.
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.
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