Power Metals Corp. (CVE:PWM – Get Free Report) shares rose 21.6% on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares were traded 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 Up 21.6 %
The stock has a market cap of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The business’s 50-day simple moving average is C$0.56 and its two-hundred day simple moving average is C$0.42.
Insider Transactions at Power Metals
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$1.12, for a total value of C$35,616.00. Insiders own 1.94% of the company’s stock.
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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