Power Metals Corp. (CVE:PWM – Get Free Report) rose 13.5% on Friday . The stock traded as high as C$0.85 and last traded at C$0.84. Approximately 929,202 shares changed hands during mid-day trading, an increase of 329% from the average daily volume of 216,823 shares. The stock had previously closed at C$0.74.
Power Metals Price Performance
The company has a 50-day simple moving average of C$0.48 and a two-hundred day simple moving average of C$0.39. The stock has a market capitalization of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83.
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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