Power Metal Resources (LON:POW) Releases 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 net margin of 576.43% and a return on equity of 18.19%. The firm had revenue of GBX 8 million during the quarter.

Power Metal Resources Stock Performance

Power Metal Resources stock opened at GBX 12.80 on Tuesday. The company has a 50 day moving average price of GBX 13.28 and a 200-day moving average price of GBX 13.88. The company has a debt-to-equity ratio of 8.16, a quick ratio of 2.24 and a current ratio of 9.36. Power Metal Resources has a fifty-two week low of GBX 11.50 and a fifty-two week high of GBX 19. The company has a market capitalization of £14.45 million, a PE ratio of 9.77 and a beta of 0.33.

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.