Power Metals Corp. (CVE:PWM – Get Free Report) was up 27.8% on Thursday . The stock traded as high as C$0.97 and last traded at C$0.92. Approximately 2,227,550 shares were traded during mid-day trading, an increase of 452% from the average daily volume of 403,239 shares. The stock had previously closed at C$0.72.
Power Metals Trading Down 7.0%
The stock has a 50-day simple moving average of C$0.83 and a 200 day simple moving average of C$0.76. The company has a market cap of C$135.82 million, a price-to-earnings ratio of -156.19 and a beta of 0.83.
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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