Insider Buying: Power Metal Resources plc (LON:POW) Insider Buys 500,000 Shares of Stock

Power Metal Resources plc (LON:POW) insider Paul Johnson bought 500,000 shares of Power Metal Resources stock in a transaction on Friday, September 17th. The shares were acquired at an average price of GBX 2 ($0.03) per share, for a total transaction of £10,000 ($13,065.06).

Paul Johnson also recently made the following trade(s):

  • On Wednesday, June 23rd, Paul Johnson bought 500,000 shares of Power Metal Resources stock. The shares were acquired at an average price of GBX 2 ($0.03) per share, with a total value of £10,000 ($13,065.06).

Power Metal Resources stock remained flat at $GBX 2.10 ($0.03) during trading on Friday. 9,362,205 shares of the company were exchanged, compared to its average volume of 6,041,542. The stock has a market capitalization of £26.04 million and a price-to-earnings ratio of -10.50. Power Metal Resources plc has a 52-week low of GBX 0.92 ($0.01) and a 52-week high of GBX 3.49 ($0.05). The business’s 50-day moving average price is GBX 2.03 and its 200 day moving average price is GBX 2.22.

About Power Metal Resources

Power Metal Resources plc, together with its subsidiaries, engages in the exploration and development of mineral properties in North America, Australia, and Africa. It primarily explores for cobalt, lithium, copper, nickel, gold, rare earth elements, and platinum group metals. The company holds an interest in four nickel-cobalt exploration licenses in Cameroon; 70% interest in the Kisinka project situated in the Democratic Republic of the Congo; and 30% interest in the Silver Peak project located in British Columbia, as well as owns an interest in projects located in Botswana and Tanzania.

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Insider Buying and Selling by Quarter for Power Metal Resources (LON:POW)

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