Power Metals Corp. (CVE:PWM – Get Free Report) shares were up 21.6% on Tuesday . The company traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares traded hands during trading, an increase of 364% from the average daily volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Stock Performance
The business’s fifty day moving average is C$0.56 and its two-hundred day moving average is C$0.42. The company has a market cap of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83.
Insider Activity at Power Metals
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of Power Metals stock in a transaction dated 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 currently 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.
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