Insider Selling: Power Metals (CVE:PWM) Insider Sells 21,000 Shares of Stock

Power Metals Corp. (CVE:PWM) insider Winsome Resources Limited sold 21,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of C$0.88, for a total value of C$18,480.00. Following the transaction, the insider owned 31,922,000 shares in the company, valued at approximately C$28,091,360. The trade was a 0.07% decrease in their ownership of the stock.

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

• On Monday, November 10th, Winsome Resources Limited sold 45,500 shares of Power Metals stock. The shares were sold at an average price of C$0.91, for a total value of C$41,405.00.
• On Tuesday, November 11th, Winsome Resources Limited sold 12,000 shares of Power Metals stock. The shares were sold at an average price of C$0.88, for a total value of C$10,560.00.
• On Wednesday, November 12th, Winsome Resources Limited sold 15,500 shares of Power Metals stock. The stock was sold at an average price of C$0.90, for a total transaction of C$13,950.00.
• On Thursday, November 13th, Winsome Resources Limited sold 30,000 shares of Power Metals stock. The shares were sold at an average price of C$0.89, for a total transaction of C$26,700.00.
• On Friday, November 14th, Winsome Resources Limited sold 68,000 shares of Power Metals stock. The shares were sold at an average price of C$0.86, for a total transaction of C$58,480.00.
• On Monday, November 17th, Winsome Resources Limited sold 20,000 shares of Power Metals stock. The stock was sold at an average price of C$0.83, for a total transaction of C$16,600.00.
• On Thursday, November 20th, Winsome Resources Limited sold 10,000 shares of Power Metals stock. The shares were sold at an average price of C$0.76, for a total transaction of C$7,600.00.
• On Friday, November 21st, Winsome Resources Limited sold 47,000 shares of Power Metals stock. The shares were sold at an average price of C$0.73, for a total transaction of C$34,310.00.
• On Thursday, October 30th, Winsome Resources Limited sold 28,000 shares of Power Metals stock. The stock was sold at an average price of C$0.91, for a total transaction 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 value of C$107,040.00.

Power Metals Price Performance

CVE:PWM traded up C$0.01 during mid-day trading on Monday, reaching C$0.74. 62,462 shares of the company’s stock traded hands, compared to its average volume of 302,683. The company has a 50 day moving average price of C$0.87 and a 200-day moving average price of C$0.80. The firm has a market capitalization of C$115.23 million, a price-to-earnings ratio of -74.00 and a beta of 0.14. Power Metals Corp. has a 12-month low of C$0.34 and a 12-month high of C$1.47.

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.