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