Power Metals (CVE:PWM) Trading Up 32% – Time to Buy?

Shares of Power Metals Corp. (CVE:PWMGet Free Report) traded up 32% during mid-day trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares were traded during trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.

Power Metals Price Performance

The stock has a market capitalization of C$97.79 million, a PE ratio of -33.00 and a beta of 0.83. The business has a fifty day moving average price of C$0.45 and a 200-day moving average price of C$0.37. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14.

Power Metals Company Profile

(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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