Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price shot up 36% during mid-day trading on Monday . The stock traded as high as C$0.68 and last traded at C$0.68. 538,552 shares were traded during mid-day trading, an increase of 269% from the average session volume of 145,853 shares. The stock had previously closed at C$0.50.
Power Metals Trading Down 1.4 %
The company has a quick ratio of 1.80, a current ratio of 1.84 and a debt-to-equity ratio of 0.14. The company has a market capitalization of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83. The company has a 50-day moving average price of C$0.46 and a 200-day moving average price of C$0.38.
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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