Power Metallic Mines Inc. (OTCMKTS:PNPNF – Get Free Report) shares were down 1.8% during trading on Friday. The stock traded as low as $0.60 and last traded at $0.6166. 352,723 shares changed hands during mid-day trading, an increase of 166% from the average daily volume of 132,449 shares. The stock had previously closed at $0.6276.
Power Metallic Mines Stock Performance
The business has a 50 day moving average of $0.85 and a two-hundred day moving average of $0.85. The stock has a market capitalization of $160.62 million, a PE ratio of -4.74 and a beta of 2.32.
Power Metallic Mines (OTCMKTS:PNPNF – Get Free Report) last posted its earnings results on Monday, August 31st. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. On average, equities analysts expect that Power Metallic Mines Inc. will post -0.13 EPS for the current fiscal year.
About Power Metallic Mines
Power Metallic Mines Inc is a Canadian mineral exploration company focused on discovering and advancing polymetallic deposits. The company’s principal asset is the Nisk project, an exploration property in Quebec’s Eeyou Istchee James Bay region that is prospective for nickel, copper, cobalt and platinum-group elements.
Power Metallic Mines conducts activities including geological mapping, geophysical surveys, drilling and resource evaluation. The company is an exploration-stage business and does not currently operate producing mines or sell commercial mineral products.
Previously known as Power Nickel Inc and Power Metals Corp., the company has concentrated much of its recent exploration effort on the Nisk property.
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