Power Metals Corp. (CVE:PWM – Get Free Report)’s share price rose 16.4% during mid-day trading on Monday . The stock traded as high as C$1.35 and last traded at C$1.35. Approximately 750,684 shares were traded during mid-day trading, an increase of 147% from the average daily volume of 303,558 shares. The stock had previously closed at C$1.16.
Power Metals Trading Up 21.6 %
The firm has a market cap of C$205.92 million, a PE 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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