Power Metals (CVE:PWM) Stock Price Up 2.5% – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report) shares were up 2.5% during trading on Wednesday . The stock traded as high as C$0.42 and last traded at C$0.42. Approximately 43,200 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 110,046 shares. The stock had previously closed at C$0.41.

Power Metals Stock Performance

The company has a market cap of C$61.49 million, a PE ratio of -20.75 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.84 and a quick ratio of 1.80. The business has a 50-day moving average of C$0.43 and a 200 day moving average of C$0.36.

Power Metals Company Profile

(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.

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