Power Metals (CVE:PWM) Trading Up 27.8% – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report) rose 27.8% on Thursday . The stock traded as high as C$0.97 and last traded at C$0.92. Approximately 2,227,550 shares traded hands during trading, an increase of 452% from the average daily volume of 403,239 shares. The stock had previously closed at C$0.72.

Power Metals Stock Down 7.0%

The business’s fifty day moving average is C$0.83 and its two-hundred day moving average is C$0.76. The stock has a market capitalization of C$135.82 million, a PE ratio of -156.19 and a beta of 0.83.

About Power Metals

(Get Free Report)

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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