Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price was up 21.6% during trading on Tuesday . The company traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares were traded during mid-day 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 Price Performance
The firm has a market capitalization of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The firm’s 50 day simple moving average is C$0.56 and its two-hundred day simple moving average is C$0.42.
Insider Activity at Power Metals
In other news, Senior Officer Marion Mcgrath sold 31,800 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of C$1.12, for a total transaction of C$35,616.00. 1.94% of the stock is currently owned by company insiders.
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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