Power Metal Resources plc (POW.L) Research

Established in 2011 and based in London, UK, Power Metal Resources plc, formerly known as African Battery Metals Plc until its 2019 rebranding, is dedicated to the exploration and development of mineral resources across North America, Australia, and Africa. The company's efforts are primarily concentrated on discovering deposits of cobalt, lithium, copper, nickel, gold, rare earth elements, and platinum group metals. Its international portfolio includes a 70% stake in the Kisinka project in the Democratic Republic of Congo and a 30% interest in the Silver Peak project located in British Columbia. Power Metal Resources also holds various interests in other ventures situated in Botswana and Tanzania. Furthermore, the company possesses an exclusive option to acquire 100% ownership of both the Magical and Enable properties, which lie within Canada's Schreiber-Hemlo Greenstone Belt in north-western Ontario. Additional holdings comprise a 51% interest in the Ditau Camp project in Botswana, a 75% share in the Alamo gold project in west-central Arizona, USA, and a significant 50.8% ownership in Botswana's Molopo Farms Complex project, known for its nickel sulphide and platinum-group element mineralization.

Market snapshot

Symbol
POW.L
Price
$13.00
Day change
-1.89%
Market cap
$14.7M
P/E ratio
-7.30x
52-week range
11.6-19
Sector
Basic Materials
Industry
Industrial Materials

Peer companies

  • Artemis Resources Limited (ARV.L)
  • Bezant Resources Plc (BZT.L)
  • Cloudbreak Discovery Plc (CDL.L)
  • Celsius Resources Limited (CLA.L)
  • Goldplat PLC (GDP.L)
  • Cadence Minerals Plc (KDNC.L)
  • Landore Resources Limited (LND.L)
  • Metals One PLC (MET1.L)

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