Power Metals (CVE:PWM) Shares Up 21.6% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report) shares traded up 21.6% during trading on Tuesday . The company traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares were traded 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 cap of C$205.92 million, a PE ratio of -236.80 and a beta of 0.83. The company has a 50-day moving average price of C$0.56 and a two-hundred day moving average price of C$0.42.

Insiders Place Their Bets

In related news, Senior Officer Marion Mcgrath sold 31,800 shares of Power Metals stock in a transaction 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 company insiders.

About Power Metals

(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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