Power Metals (CVE:PWM) Trading Up 16.4% – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report) shares traded up 16.4% during trading on Monday . The stock traded as high as C$1.35 and last traded at C$1.35. 750,684 shares were traded during mid-day trading, an increase of 147% from the average session volume of 303,558 shares. The stock had previously closed at C$1.16.

Power Metals Trading Up 21.6 %

The company has a market cap of C$205.92 million, a price-to-earnings ratio of -236.80 and a beta of 0.83. The stock’s 50 day moving average price is C$0.54 and its 200 day moving average price is C$0.42.

Power Metals Company Profile

(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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