Key Points
- Winsome Resources Limited sold 12,000 Power Metals (CVE:PWM) shares on Nov. 11 at C$0.88 (C$10,560) and has executed a string of recent disposals—including 111,500 on Oct. 31 and 68,000 on Nov. 14—bringing its holding to 31,864,500 shares (the Nov. 11 trade represented a ~0.04% reduction in that position).
- Power Metals stock traded up ~2.7%, opening at C$0.75; the company has a market cap of C$116.78 million, a 50-day/200-day SMA of C$0.87/C$0.80, a negative P/E (-75), and a 12-month range of C$0.34–C$1.47.
- Power Metals is an exploration company focused on lithium, cesium, and tantalum in Canada and holds a 100% interest in the Case Lake property in Ontario.
Power Metals Corp. (CVE:PWM - Get Free Report) insider Winsome Resources Limited sold 12,000 shares of the company's stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of C$0.88, for a total transaction of C$10,560.00. Following the transaction, the insider owned 31,864,500 shares in the company, valued at C$28,040,760. The trade was a 0.04% decrease in their position.
Winsome Resources Limited also recently made the following trade(s):
- On Friday, November 7th, Winsome Resources Limited sold 21,000 shares of Power Metals stock. The stock was sold at an average price of C$0.88, for a total transaction of C$18,480.00.
- 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 transaction of C$41,405.00.
- On Wednesday, November 12th, Winsome Resources Limited sold 15,500 shares of Power Metals stock. The shares were sold at an average price of C$0.90, for a total value of C$13,950.00.
- On Thursday, November 13th, Winsome Resources Limited sold 30,000 shares of Power Metals stock. The stock was sold at an average price of C$0.89, for a total value 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 value of C$58,480.00.
- On Monday, November 17th, Winsome Resources Limited sold 20,000 shares of Power Metals stock. The shares were sold at an average price of C$0.83, for a total value of C$16,600.00.
- On Thursday, November 20th, Winsome Resources Limited sold 10,000 shares of Power Metals stock. The stock was sold at an average price of C$0.76, for a total value of C$7,600.00.
- On Friday, November 21st, Winsome Resources Limited sold 47,000 shares of Power Metals stock. The stock was sold at an average price of C$0.73, for a total value 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 transaction of C$107,040.00.
Power Metals Trading Up 2.7%
Shares of CVE PWM opened at C$0.75 on Tuesday. The company has a 50 day simple moving average of C$0.87 and a two-hundred day simple moving average of C$0.80. The stock has a market cap of C$116.78 million, a price-to-earnings ratio of -75.00 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
(
Get Free Report)
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.
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