Power Metals (CVE:PWM) Insider Winsome Resources Limited Sells 74,500 Shares

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 74,500 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of C$0.89, for a total value of C$66,305.00. Following the completion of the sale, the insider directly owned 31,983,000 shares of the company’s stock, valued at approximately C$28,464,870. This trade represents a 0.23% 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 shares were 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 shares were sold at an average price of C$0.90, for a total value of C$56,700.00.
• On Tuesday, November 4th, Winsome Resources Limited sold 40,000 shares of Power Metals stock. The shares were sold at an average price of C$0.86, for a total value of C$34,400.00.
• On Thursday, November 6th, Winsome Resources Limited sold 40,000 shares of Power Metals stock. The shares were sold at an average price of C$0.89, for a total value of C$35,600.00.

Power Metals Stock Performance

Shares of Power Metals stock traded up C$0.04 on Friday, hitting C$0.90. The company had a trading volume of 23,110 shares, compared to its average volume of 310,960. Power Metals Corp. has a 1 year low of C$0.34 and a 1 year high of C$1.47. The stock has a 50 day moving average of C$0.83 and a 200-day moving average of C$0.80. The stock has a market capitalization of C$140.14 million, a price-to-earnings ratio of -90.00 and a beta of 0.14.

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.