Power Metals (CVE:PWM) Trading Up 32% – Here’s What Happened

Power Metals Corp. (CVE:PWMGet Free Report)’s share price rose 32% during trading on Monday . The company traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares traded hands during trading, an increase of 592% from the average daily volume of 172,589 shares. The stock had previously closed at C$0.50.

Power Metals Trading Down 1.4 %

The stock has a 50-day moving average of C$0.46 and a 200 day moving average of C$0.38. The stock has a market cap of C$105.19 million, a PE ratio of -35.50 and a beta of 0.83. The company has a quick ratio of 1.80, a current ratio of 1.84 and a debt-to-equity ratio of 0.14.

About Power Metals

(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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