Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price shot up 32% during trading on Monday . The stock traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares were traded during mid-day trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.
Power Metals Stock Down 1.4 %
The firm has a 50 day moving average price of C$0.46 and a two-hundred day moving average price of C$0.38. The company has a market capitalization of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83. The company has a quick ratio of 1.80, a current ratio of 1.84 and a debt-to-equity ratio of 0.14.
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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