Shares of Plateau Energy Metals Inc. (CVE:PLU – Get Free Report) dropped 3% during trading on Friday . The stock traded as low as C$0.64 and last traded at C$0.65. Approximately 1,237,383 shares traded hands during mid-day trading, an increase of 165% from the average daily volume of 466,979 shares. The stock had previously closed at C$0.67.
Plateau Energy Metals Stock Performance
The company has a current ratio of 0.36, a quick ratio of 0.30 and a debt-to-equity ratio of 43.71. The stock has a market cap of C$75.94 million and a price-to-earnings ratio of -13.27. The stock’s 50 day moving average is C$0.65 and its two-hundred day moving average is C$0.65.
Plateau Energy Metals Company Profile
Plateau Energy Metals Inc, a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for lithium and uranium deposits. It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno District of southeastern Peru.
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