Power Metals (CVE:PWM) Sets New 52-Week High – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.49 and last traded at C$0.48, with a volume of 254056 shares. The stock had previously closed at C$0.46.

Power Metals Price Performance

The firm has a market capitalization of C$68.15 million, a P/E ratio of -23.00 and a beta of 0.83. The business has a fifty day moving average of C$0.41 and a 200-day moving average of C$0.33. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.80 and a current ratio of 1.84.

Power Metals Company Profile

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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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