Power Metals (CVE:PWM) Trading Up 29.2% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report) shares shot up 29.2% during mid-day trading on Thursday . The company traded as high as C$0.93 and last traded at C$0.93. 1,504,386 shares were traded during trading, an increase of 277% from the average session volume of 398,735 shares. The stock had previously closed at C$0.72.

Power Metals Stock Down 7.0%

The firm has a market capitalization of C$135.82 million, a P/E ratio of -156.19 and a beta of 0.83. The business has a 50-day moving average price of C$0.83 and a 200-day moving average price of C$0.76.

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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