Power Metal Resources Plc ( (GB:POW) ) has shared an update.
Power Metal Resources PLC has announced an exploration update for its Reitenbach Uranium Property, highlighting promising targets identified through geophysical surveys and fieldwork. The property has been expanded by 27.5% to encompass additional prospective areas, and further exploration, including drilling, is planned to potentially discover commercial uranium deposits, marking a significant step in the company’s ambitious exploration efforts.
More about Power Metal Resources Plc
Power Metal Resources PLC is a London-listed exploration company with a global project portfolio, focusing on uranium exploration through its joint venture, Fermi Exploration.
YTD Price Performance: -10.71%
Average Trading Volume: 349,787
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £14.45M
Learn more about POW stock on TipRanks’ Stock Analysis page.