Power Metals Corp. (CVE:PWM – Get Free Report) was up 21.6% on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares changed hands during trading, an increase of 364% from the average daily volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Stock Performance
The company has a market cap of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The firm has a 50 day moving average price of C$0.56 and a 200-day moving average price of C$0.42.
Insiders Place Their Bets
In other news, Senior Officer Marion Mcgrath sold 31,800 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of C$1.12, for a total transaction of C$35,616.00. Company insiders own 1.94% of the company’s stock.
Power Metals Company Profile
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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