Insider Buying: Power Metal Resources plc (LON:POW) Insider Acquires £24,000 in Stock

Power Metal Resources plc (LON:POW) insider Sean Wade acquired 200,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average cost of GBX 12 ($0.15) per share, for a total transaction of £24,000 ($30,245.75).

Power Metal Resources Stock Up 9.4 %

Shares of LON:POW opened at GBX 13.39 ($0.17) on Monday. Power Metal Resources plc has a 12-month low of GBX 10 ($0.13) and a 12-month high of GBX 25.68 ($0.32). The firm has a market capitalization of £15.30 million, a P/E ratio of -1,600.00 and a beta of 0.86. The firm has a fifty day moving average of GBX 14.31 and a two-hundred day moving average of GBX 15.96.

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.