Power Metals (CVE:PWM) Insider Winsome Resources Limited Sells 40,000 Shares

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 40,000 shares of Power Metals stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of C$0.89, for a total value of C$35,600.00. Following the completion of the sale, the insider owned 31,943,000 shares in the company, valued at approximately C$28,429,270. The trade was a 0.13% decrease in their ownership of the stock.

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

• On Thursday, October 30th, Winsome Resources Limited sold 28,000 shares of Power Metals stock. The shares were sold at an average price of C$0.91, for a total value of C$25,480.00.
• On Friday, October 31st, Winsome Resources Limited sold 111,500 shares of Power Metals stock. The stock was sold at an average price of C$0.96, for a total transaction of C$107,040.00.
• On Monday, November 3rd, Winsome Resources Limited sold 63,000 shares of Power Metals stock. The stock was sold at an average price of C$0.90, for a total transaction of C$56,700.00.
• On Tuesday, November 4th, Winsome Resources Limited sold 40,000 shares of Power Metals stock. The stock was sold at an average price of C$0.86, for a total value of C$34,400.00.
• On Wednesday, November 5th, Winsome Resources Limited sold 74,500 shares of Power Metals stock. The shares were sold at an average price of C$0.89, for a total transaction of C$66,305.00.

Power Metals Trading Up 4.7%

Shares of Power Metals stock traded up C$0.04 on Friday, hitting C$0.90. The stock had a trading volume of 23,110 shares, compared to its average volume of 310,960. The stock has a market cap of C$140.14 million, a price-to-earnings ratio of -90.00 and a beta of 0.14. Power Metals Corp. has a 52-week low of C$0.34 and a 52-week high of C$1.47. The company’s 50 day moving average price is C$0.83 and its 200 day moving average price is C$0.80.

About Power Metals

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.