Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price dropped 4.2% during mid-day trading on Wednesday . The company traded as low as C$1.12 and last traded at C$1.14. Approximately 157,140 shares changed hands during trading, a decline of 61% from the average daily volume of 401,676 shares. The stock had previously closed at C$1.19.
Power Metals Trading Down 9.2 %
The firm has a market capitalization of C$157.73 million, a PE ratio of -181.38 and a beta of 0.83. The firm’s fifty day moving average price is C$0.91 and its 200 day moving average price is C$0.58.
Insider Transactions at Power Metals
In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of the 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 transaction of C$35,616.00. Company insiders own 1.94% of the company’s stock.
About Power Metals
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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