Plateau Energy Metals (CVE:PLU) Shares Down 3%

Plateau Energy Metals Inc. (CVE:PLUGet Free Report) shares dropped 3% on Thursday . The stock traded as low as C$0.64 and last traded at C$0.65. Approximately 1,237,383 shares changed hands during mid-day trading, an increase of 165% from the average daily volume of 466,979 shares. The stock had previously closed at C$0.67.

Plateau Energy Metals Trading Down 3.0 %

The company’s 50 day simple moving average is C$0.65 and its two-hundred day simple moving average is C$0.65. The company has a market capitalization of C$75.94 million and a price-to-earnings ratio of -13.27. The company has a quick ratio of 0.30, a current ratio of 0.36 and a debt-to-equity ratio of 43.71.

Plateau Energy Metals Company Profile

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Plateau Energy Metals Inc, a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for lithium and uranium deposits. It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno District of southeastern Peru.

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