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London Stock Exchange · Basic Materials

Invest in Power Metal Resources stock from India

Indian and foreign residents can buy Power Metal Resources (POW) shares directly through Paasa.

By Paasa · Updated

Power Metal Resources at a glance

Price
£0.12-£0.00 (2.04%)
Market cap
£13.55M
Day range
£0.12 – £0.13
P/E
-3.30
Dividend yield
None
Volume
84.20K
1 month
-4.38%
6 months
-12.73%
YTD
-14.29%
1 year
-21.31%
5 years
-70.44%

Live chart and statistics

Power Metal Resources statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue£76.0K£526.0K£78.0K£37.0K£37.0K
Gross profit−£124.0K£161.0K£78.0K£37.0K£37.0K
Operating income−£3.8M−£7.7M−£1.1M−£3.1M−£521.0K
Net income£3.5M£3.0M−£1.1M−£2.3M−£592.0K
Earnings per share£0.03£0.03−£0.01−£0.03−£0.01
EBITDA−£3.6M−£3.0M−£2.8M−£284.0K−£521.0K
Total assets£27.6M£23.4M£15.4M£14.6M£6.3M
Total debt£588.0K£1.6M£0.0£0.0£0.0
Cash and short-term investments£7.7M£14.0M£8.3M£3.9M£1.5M
Shareholders' equity£26.1M£19.8M£13.6M£11.7M£6.3M
Operating cash flow−£3.2M−£2.6M−£2.1M−£2.5M−£564.0K
Free cash flow−£3.2M−£3.1M−£2.9M−£4.1M−£1.1M
Capital expenditure−£24.0K−£537.0K−£805.0K−£1.6M−£530.0K

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Tungsten WestTUN.L£0.46£567.69M
GoldplatGDP.L£0.21£35.18M
Bezant ResourcesBZT.L£0.00£32.95M
Rome ResourcesRMR.L£0.00£16.12M
Cadence MineralsKDNC.L£0.05£15.26M
Metals OneMET1.L£0.01£14.07M
Artemis ResourcesARV.L£0.00£10.56M
Celsius ResourcesCLA.L£0.00£10.24M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Power Metal Resources from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search POW and buy

    Find Power Metal Resources by name or by its ticker, POW, and place your order.

Why invest in Power Metal Resources from India

What Power Metal Resources does

Established in 2011 and based in London, UK, Power Metal Resources plc, formerly known as African Battery Metals Plc until its 2019 rebranding, is dedicated to the exploration and development of mineral resources across North America, Australia, and Africa. The company's efforts are primarily concentrated on discovering deposits of cobalt, lithium, copper, nickel, gold, rare earth elements, and platinum group metals. Power Metal Resources operates in the Industrial Materials industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in the UK mean for your Power Metal Resources shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy Power Metal Resources stock from India?

Yes. Indian residents and NRIs can buy Power Metal Resources (POW) shares directly through Paasa. Power Metal Resources is listed on the London Stock Exchange, in the Industrial Materials industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Power Metal Resources dividends taxed for Indian investors?

Power Metal Resources does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the UK levies 0% withholding tax on company dividends paid to non-residents, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell Power Metal Resources shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Power Metal Resources shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Power Metal Resources alone.

Is there stamp duty when I buy Power Metal Resources shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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