Power Metals (CVE:PWM) Trading Up 21.6% – What’s Next?

Power Metals Corp. (CVE:PWM)’s stock price traded up 21.6% during trading on Monday . The company traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares changed hands during mid-day 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 firm’s 50 day moving average price is C$0.56 and its two-hundred day moving average price is C$0.42. The firm has a market cap of C$205.92 million, a price-to-earnings ratio of -236.80 and a beta of 0.83.

Insider Buying and Selling at Power Metals

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

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.