Power Metals (CVE:PWM) Shares Up 32% – Should You Buy?

Power Metals Corp. (CVE:PWMGet Free Report) traded up 32% on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares traded hands during mid-day trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.

Power Metals Trading Down 1.4 %

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 fifty day simple moving average of C$0.46 and a two-hundred day simple moving average of C$0.38. The stock has a market cap of C$105.19 million, a PE ratio of -35.50 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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