Power Metals (CVE:PWM) Trading Down 6.8% – Time to Sell?

Power Metals Corp. (CVE:PWMGet Free Report) fell 6.8% during trading on Wednesday . The stock traded as low as C$0.66 and last traded at C$0.69. 470,652 shares were traded during mid-day trading, an increase of 9% from the average session volume of 433,456 shares. The stock had previously closed at C$0.74.

Power Metals Stock Performance

The firm has a market cap of C$127.06 million, a PE ratio of -146.11 and a beta of 0.83. The stock has a 50-day simple moving average of C$1.06 and a two-hundred day simple moving average of C$0.64.

Insider Activity at Power Metals

In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$1.12, for a total transaction of C$35,616.00. 1.94% of the stock is owned by insiders.

Power Metals Company Profile

(Get Free Report)

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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