Power Metals (CVE:PWM) Trading Up 17.6% – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report)’s share price traded up 17.6% during trading on Saturday . The company traded as high as C$0.88 and last traded at C$0.87. 1,147,598 shares changed hands during trading, an increase of 413% from the average session volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Stock Up 17.6 %

The firm has a market capitalization of C$127.06 million, a PE ratio of -146.11 and a beta of 0.83. The stock has a 50-day simple moving average of C$0.48 and a 200-day simple moving average of C$0.39.

About Power Metals

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Power Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Metals and related companies with MarketBeat.com's FREE daily email newsletter.