Power Metals Corp. (CVE:PWM – Get Free Report) rose 25.9% on Monday . The company traded as high as C$1.46 and last traded at C$1.46. Approximately 994,751 shares traded hands during mid-day trading, an increase of 220% from the average daily volume of 310,398 shares. The stock had previously closed at C$1.16.
Power Metals Trading Up 21.6 %
The company has a 50-day moving average of C$0.54 and a 200-day moving average of C$0.42. The firm has a market capitalization of C$205.92 million, a price-to-earnings ratio of -236.80 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.
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