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

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