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Power Metal Resources Plc
(LSE:POW)
Power Metal Resources Plc (POW) vs. iShares MSCI United Kingdom ETF (EWC)
Power Metal Resources Plc Business Overview & Revenue Model
Power Metal Resources Plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 526.00K | 526.00K | 78.00K | 37.00K | 37.00K | 9.00K |
| Gross Profit | 474.00K | 161.00K | 78.00K | 37.00K | 37.00K | 9.00K |
| EBITDA | 2.96M | -3.05M | -2.81M | -284.00K | -521.00K | -757.00K |
| Net Income | 3.03M | 3.03M | -1.10M | -2.26M | -592.00K | -1.41M |
Balance Sheet | ||||||
| Total Assets | 23.40M | 23.40M | 15.36M | 14.61M | 6.28M | 2.67M |
| Cash, Cash Equivalents and Short-Term Investments | 13.96M | 13.96M | 8.29M | 3.94M | 1.46M | 913.00K |
| Total Debt | 1.61M | 1.61M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.88M | 2.88M | 885.00K | 850.00K | 317.00K | 277.00K |
| Stockholders Equity | 19.77M | 19.77M | 13.57M | 11.69M | 6.27M | 2.67M |
Cash Flow | ||||||
| Free Cash Flow | -2.60M | -3.13M | -2.92M | -4.07M | -1.09M | 232.00K |
| Operating Cash Flow | -2.59M | -2.59M | -2.12M | -2.51M | -564.00K | -453.00K |
| Investing Cash Flow | -411.00K | -411.00K | -1.82M | -2.18M | -2.71M | -685.00K |
| Financing Cash Flow | 2.78M | 2.78M | 3.48M | 4.96M | 3.64M | 1.88M |
Power Metal Resources Plc Technical Analysis
Power Metal Resources Plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | £16.76M | ― | ― | ― | ― | ― | |
56 Neutral | £16.99M | 5.25 | 45.94% | ― | ― | ― | |
48 Neutral | £12.44M | -7.95 | 13.10% | ― | ― | ― | |
47 Neutral | £15.55M | -7.86 | -9.95% | ― | ― | ― | |
44 Neutral | £14.99M | -3.00 | -61.42% | ― | ― | ― | |
42 Neutral | £13.37M | -4.50 | -218.13% | ― | ― | ― |
Power Metal Resources Plc Corporate Events
Power Metal Resources PLC has completed its maiden drilling program on the Block 8 concession in Oman, revealing promising results that suggest the presence of copper-dominant Volcanogenic Massive Sulphide (VMS) mineralization. The drilling program, which included eight drill holes totaling 724.45 meters, identified significant copper, lead, and zinc mineralization, confirming the potential of Block 8 to host Cyprus-type copper deposits. This development marks the completion of Power Metal’s initial 12.5% earn-in agreement and sets the stage for further exploration phases, including additional trenching and drilling, to enhance understanding of the mineralized zones.
Power Metal Resources PLC has received High Court approval for its share capital reduction, a move aimed at creating distributable reserves for future flexibility in distributions and corporate purposes. This approval, following shareholder agreement, involves the cancellation of certain capital accounts but does not affect the number or value of ordinary shares. The change is expected to be registered by December 24, 2025, marking its effectiveness and potentially impacting the company’s financial strategy and stakeholder interests.
Power Metal Resources Plc has announced an update regarding its application for a share capital reduction, which was discussed at a Directions Hearing in the High Court of Justice. The hearing has been adjourned to 9 December 2025, where creditors or shareholders can object. The share capital reduction aims to create distributable reserves for future distributions and corporate purposes, with the expected effective date around 24 December 2025. This move is part of the company’s strategy to enhance financial flexibility and potentially return value to shareholders.
Power Metal Resources PLC announced promising assay results from its 2025 drilling program at the Perch River Uranium Property, part of its joint venture with Fermi Exploration Ltd. The results revealed highly anomalous lead isotope values in the Rapids Fault System, indicating potential uranium mineralization. Although the drilling did not yield the expected uranium grades, the findings validate the geological model and suggest that the area remains a high-priority target for future exploration. The company plans further sampling and analysis to refine its geochemical model, aiming to enhance its understanding of the mineralized system and strengthen its exploration strategy.
Power Metal Resources PLC has reported promising preliminary assay results from its Drake Lake-Silas Project in Labrador, Canada, which is part of a joint venture with Fermi Exploration Ltd. The initial results from the diamond drilling program indicate high-grade uranium intersections, particularly in the Central Target area, which suggest potential for Iron Oxide Copper Gold (IOCG) style mineralization. Additionally, the Northeast Target results confirm mineralization along the strike of the Armstrong Deposit, strengthening the geological connection and justifying further exploration. These findings could significantly impact Power Metal’s operations by enhancing its resource base and industry positioning.
Power Metal Resources PLC announced the successful passage of all five special resolutions at its General Meeting, which included the reduction and cancellation of paid-up capital on certain shares and the cancellation of the company’s Share Premium Account and Capital Redemption Reserve. These changes, primarily related to accounting treatments, will not affect the number of ordinary shares or their rights. This development is part of the company’s strategy to optimize its financial structure and potentially enhance shareholder value.
Power Metal Resources PLC announced a significant development in its uranium exploration efforts through a joint venture with Fermi Exploration Ltd. and Ya’thi Néné Lands and Resources (YNLR) in Northern Saskatchewan, Canada. The newly signed Exploration Agreement supports Fermi’s exploration activities and strengthens relationships with local First Nations and municipalities, emphasizing sustainable and responsible exploration practices. This agreement not only facilitates permitting and exploration but also promises economic and employment opportunities for the Athabasca Basin communities, marking a pivotal step in identifying and developing uranium deposits in the region.
Power Metal Resources PLC has announced a strategic investment of £4 million in Apex Royalties Limited, a diversified mining royalty company. This investment is part of a larger fundraising effort by Apex, which aims to raise over US$10 million to finance acquisitions and provide working capital. The move positions Power Metal to benefit from Apex’s growing portfolio of high-quality royalty assets, including exposure to gold, tin, bauxite, and tungsten projects. This strategic stake is expected to enhance Power Metal’s diversified portfolio and potentially deliver strong returns as Apex continues its growth trajectory.
Power Metal Resources plc has announced a proposed share capital reduction, which includes the cancellation of non-voting shares and certain reserves, aiming to create distributable reserves for potential capital returns to shareholders. The reduction requires shareholder approval at a general meeting and subsequent court confirmation, with no expected change in the number of ordinary shares or their market price, potentially strengthening the company’s financial position by eliminating accumulated losses.
Power Metal Resources PLC has completed its initial 35% investment in Kingia FZCO, soon to be renamed Minestarters, a blockchain-enabled DeFi tokenisation platform. Minestarters aims to provide regulated access to mineral exploration investments through the growing RWA tokenisation market, offering automated benefit sharing and liquidity. This strategic move positions Power Metal to bridge the early-stage funding gap in the mining sector, potentially channeling significant investment into mining assets and offering investors exposure to traditionally inaccessible asset classes.
Power Metal Resources plc has provided an update on its 75% owned subsidiary, GSA Environmental Ltd (GSAe), which is advancing its core metals extraction technologies. GSAe is in discussions for licensing agreements and has completed a commission for a global titanium dioxide producer. The company is also engaging with various companies for metals recovery and applying for EU grant funding to support a demonstration plant. These developments highlight the company’s strategic positioning in sustainable waste extraction, addressing supply deficits in critical materials.