Power Metals (CVE:PWM) Shares Up 32% – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price traded up 32% during trading on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares were traded during trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.

Power Metals Price Performance

The business has a 50-day moving average price of C$0.45 and a 200 day moving average price of C$0.37. The company has a market cap of C$97.79 million, a price-to-earnings ratio of -33.00 and a beta of 0.83. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14.

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.

Read More

Receive News & Ratings for Power Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Metals and related companies with MarketBeat.com's FREE daily email newsletter.