Power Metals Corp. (CVE:PWM – Get Free Report)’s share price traded up 21.6% on Monday . The stock traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares were traded during mid-day trading, an increase of 364% from the average session volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Stock Performance
The firm’s fifty day moving average is C$0.54 and its two-hundred day moving average is C$0.42. The company has a market cap of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83.
Insider Transactions at Power Metals
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the business’s 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 value of C$35,616.00. Corporate insiders own 1.94% of the company’s stock.
About Power Metals
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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