Power Metals Corp. (CVE:PWM – Get Free Report)’s share price shot up 32% during mid-day trading on Monday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares changed hands during mid-day trading, an increase of 595% from the average session volume of 171,696 shares. The stock had previously closed at C$0.50.
Power Metals Stock Down 1.4 %
The firm’s fifty day simple moving average is C$0.46 and its 200 day simple moving average is C$0.38. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14. The company has a market cap of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83.
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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