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An announcement from Power Metal Resources Plc ( (GB:POW) ) is now available.
Power Metal Resources PLC has announced its unaudited interim financial results for the six months ending on 30 September 2024, reporting a significant profit of £3,338,000 from operating activities. The company has extended its accounting period to 31 December to align with its subsidiaries’ audits, allowing more flexibility, and expects to release audited accounts by June 2025. This move is part of their strategy to streamline financial reporting and potentially enhance market confidence.
More about Power Metal Resources Plc
Power Metal Resources PLC is a London-listed metals exploration company that finances and manages global resource projects with a focus on discovering large-scale metal resources. The company is primarily involved in exploring precious, base, and strategic metals across North America, Africa, Saudi Arabia, and Australia. Their projects range from early-stage exploration to prospects undergoing drill programs, with the aim of generating value for disposal through sales or separate listings on recognized stock exchanges.
YTD Price Performance: -11.29%
Average Trading Volume: 259,360
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £15.71M
Learn more about POW stock on TipRanks’ Stock Analysis page.
