Power Metals (CVE:PWM) Shares Up 17.2% – Should You Buy?

Power Metals Corp. (CVE:PWMGet Free Report) traded up 17.2% on Tuesday . The company traded as high as C$1.05 and last traded at C$1.02. 812,742 shares changed hands during mid-day trading, an increase of 239% from the average session volume of 239,574 shares. The stock had previously closed at C$0.87.

Power Metals Trading Up 5.9 %

The company’s 50-day moving average price is C$0.52 and its two-hundred day moving average price is C$0.41. The company has a market cap of C$156.27 million, a P/E ratio of -179.70 and a beta of 0.83.

About Power Metals

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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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