Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Power Metal Resources Plc ( (GB:POW) ) just unveiled an announcement.
Power Metal Resources has initiated a share buy-back under the authority granted at its July 2025 AGM, following the completion of a capital reduction designed to create sufficient distributable reserves and enhance flexibility in returning capital to investors. The company has repurchased 438,594 ordinary shares on 9 January 2026 at a price of 14.521 pence per share through its joint broker, SP Angel Corporate Finance, and will hold these shares in treasury, leaving 115,171,843 ordinary shares in issue with voting rights, a move that signals a focus on shareholder returns and may support earnings per share and capital management objectives.
Spark’s Take on GB:POW Stock
According to Spark, TipRanks’ AI Analyst, GB:POW is a Neutral.
Power Metal Resources Plc’s overall score reflects strong revenue growth and a solid balance sheet, partially offset by operational challenges and negative cash flows. The stock’s undervaluation provides an opportunity, while technical indicators suggest caution due to bearish trends.
To see Spark’s full report on GB:POW stock, click here.
More about Power Metal Resources Plc
Power Metal Resources Plc (AIM: POW, OTCQB: POWMF) is a London-listed metals exploration company that finances and manages global resource projects, targeting large-scale discoveries in precious, base and strategic metals. Its portfolio spans North America, Africa, Saudi Arabia, Oman and Australia, with interests ranging from early-stage greenfield exploration to later-stage drill-ready prospects. The company typically advances projects internally or via strategic joint ventures until they are ready for disposal through sales or separate listings, with proceeds reinvested in growth or returned to shareholders through mechanisms such as share buy-backs, dividends or in-specie distributions.
Average Trading Volume: 382,377
Technical Sentiment Signal: Hold
Current Market Cap: £16.76M
See more insights into POW stock on TipRanks’ Stock Analysis page.