Power Metals (CVE:PWM) Reaches New 1-Year High – Should You Buy?

Power Metals Corp. (CVE:PWM) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.72 and last traded at C$0.69, with a volume of 185858 shares. The stock had previously closed at C$0.72.

Power Metals Stock Performance

The business has a fifty day moving average price of C$0.46 and a 200 day moving average price of 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 firm has a market cap of C$106.68 million, a PE ratio of -36.00 and a beta of 0.83.

Power Metals Company Profile

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.