Power Metal Unchanged On Uranium Update – What Will It Take To Move It?

Key points:

Power Metals Resources updates on the uranium portfolio

POW shares seem to do nothing in response

Why is this, why doesn’t news move the share price? Power Metal Resources (LON: POW) shares are unchanged on an update on the uranium exploration portfolio which does lead to the question – what will it take to move POW substantially? For we’ve clearly got increasing interest in nuclear power, in sourcing from North America and a rising uranium price. Why is this not being reflected in the share price of a would be uranium miner?There are a couple of answers to this both of which weigh down on the Power Metal share price . There’s also a third which is of lesser influence but must still be thought about. That third is just that there are many people out there looking for uranium. There are many places […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet