Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price rose 21.6% during trading on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares were traded during mid-day trading, an increase of 364% from the average daily volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Trading Up 21.6 %
The stock has a market cap of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The business’s 50 day moving average price is C$0.56 and its two-hundred day moving average price is C$0.42.
Insiders Place Their Bets
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of Power Metals stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of C$1.12, for a total transaction of C$35,616.00. Company insiders own 1.94% of the company’s stock.
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.
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