Power Metals Corp. (CVE:PWM – Get Free Report) shares were up 21.6% during trading on Monday . The stock traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares traded hands during mid-day trading, an increase of 364% from the average daily volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Trading Up 21.6 %
The company has a market cap of C$205.92 million, a price-to-earnings ratio of -236.80 and a beta of 0.83. The stock’s 50 day moving average price is C$0.54 and its 200 day moving average price is C$0.42.
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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