Power Minerals Limited (PEIMF)
Power Minerals Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Kent Town, WA, AU. The stock last traded at $0.08, down 45.43% on the session, giving a market capitalisation of $13.1M. On trailing twelve-month figures it carries a trailing P/E of -3.19, a net margin of -273307.6%. Its beta of -0.03 implies it has historically moved less than the broad market.
Power Minerals Limited, an Australian-based company founded in 2002 and headquartered in Kent Town, specializes in the exploration and development of mineral resources across Australia and Argentina. Their primary focus lies in discovering deposits of lithium, copper, nickel, cobalt, gold, and kaolin. In Argentina, the company boasts full ownership of the Salta Lithium Brine project, which includes 11 leases spanning 23,796 hectares in Salta Province. Additionally, it holds interests in the Santa Ines copper-gold project, comprising four mining leases totaling 61.4 square kilometers, also located in Argentina. Its Australian portfolio features the Musgrave project in South Australia's Musgrave Province, covering 14,618 square kilometers through two exploration licenses and eight pending applications. Another significant Australian asset is the Eyre Peninsula Kaolin project in South Australia, which consists of three exploration licenses across 1,413 square kilometers. The company, known as PepinNini Minerals Limited until June 2022, subsequently rebranded to Power Minerals Limited.
Power Minerals Limited is most often compared with the following Basic Materials names: