Shares of Power Metals Corp. (CVE:PWM – Get Free Report) were up 32% during mid-day trading on Monday . The stock traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares changed hands during mid-day trading, an increase of 595% from the average daily volume of 171,696 shares. The stock had previously closed at C$0.50.
Power Metals Trading Down 1.4 %
The company has a 50 day simple moving average of C$0.46 and a 200 day simple moving average of C$0.38. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of C$105.19 million, a PE ratio of -35.50 and a beta of 0.83.
About Power Metals
Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. The company primarily explores for lithium, cesium, and tantalum metal deposits. It holds a 100% interest in the Case Lake property that consists of 475 cell claims located in Ontario.
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