Power Metals Corp. (CVE:PWM – Get Free Report) rose 17.6% during trading on Friday . The company traded as high as C$0.87 and last traded at C$0.87. Approximately 1,117,098 shares changed hands during mid-day trading, an increase of 403% from the average daily volume of 221,968 shares. The stock had previously closed at C$0.74.
Power Metals Price Performance
The company has a market cap of C$127.06 million, a P/E ratio of -146.11 and a beta of 0.83. The stock has a 50-day moving average of C$0.48 and a 200 day moving average of C$0.39.
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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