Shares of Power Metals Corp. (CVE:PWM – Get Free Report) shot up 32% during mid-day trading on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares traded hands during mid-day 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 firm has a market capitalization of C$97.79 million, a P/E ratio of -33.00 and a beta of 0.83. The business has a fifty day moving average of C$0.45 and a 200-day moving average of C$0.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.80 and a current ratio of 1.84.
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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