Power Metal Resources (LON:POW) Releases Earnings Results

Power Metal Resources (LON:POW) announced its quarterly earnings data on Tuesday. The company reported GBX 2.44 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 8 million for the quarter. Power Metal Resources had a return on equity of 18.19% and a net margin of 576.43%.

Power Metal Resources Stock Performance

Shares of LON POW opened at GBX 12.80 on Tuesday. The stock has a market cap of £14.45 million, a price-to-earnings ratio of 9.77 and a beta of 0.33. The company has a current ratio of 9.36, a quick ratio of 2.24 and a debt-to-equity ratio of 8.16. Power Metal Resources has a 1-year low of GBX 11.50 and a 1-year high of GBX 19. The stock’s 50-day moving average is GBX 13.28 and its 200 day moving average is GBX 13.88.

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.