Power Metals (CVE:PWM) Insider Winsome Resources Limited Sells 102,000 Shares of Stock

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 102,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of C$0.46, for a total value of C$46,920.00. Following the sale, the insider owned 51,000 shares of the company’s stock, valued at approximately C$23,460. The trade was a 66.67% decrease in their ownership of the stock.

Winsome Resources Limited also recently made the following trade(s):

• On Wednesday, May 13th, Winsome Resources Limited sold 20,000 shares of Power Metals stock. The stock was sold at an average price of C$0.46, for a total value of C$9,200.00.
• On Thursday, May 14th, Winsome Resources Limited sold 62,500 shares of Power Metals stock. The stock was sold at an average price of C$0.48, for a total value of C$30,000.00.
• On Thursday, May 14th, Winsome Resources Limited sold 20,000,000 shares of Power Metals stock. The shares were sold at an average price of C$0.13, for a total value of C$2,600,000.00.
• On Friday, May 15th, Winsome Resources Limited sold 61,000 shares of Power Metals stock. The stock was sold at an average price of C$0.47, for a total transaction of C$28,670.00.

Power Metals Stock Down 1.9%

Shares of Power Metals stock opened at C$0.52 on Thursday. The company has a market capitalization of C$90.75 million, a price-to-earnings ratio of -52.00 and a beta of 0.47. Power Metals Corp. has a 12-month low of C$0.40 and a 12-month high of C$1.12. The firm’s 50-day moving average price is C$0.48 and its two-hundred day moving average price is C$0.67.

Power Metals Company Profile

Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. The company primarily explores for lithium, cesium, and tantalum metal deposits. It holds a 100% interest in the Case Lake property that consists of 475 cell claims located in Ontario. The company also has an option agreement to acquire 100% interests in the Paterson Lake property consisting of 106 cell claims located in northwestern Ontario; and holds Gullwing-Tot Lake property that consists of 112 cell claims located in northwestern Ontario.