Power Metals Corp. (CVE:PWM – Get Free Report) shares traded down 4.2% on Wednesday . The company traded as low as C$1.12 and last traded at C$1.14. 157,140 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 401,676 shares. The stock had previously closed at C$1.19.
Power Metals Price Performance
The business’s 50 day simple moving average is C$0.95 and its 200 day simple moving average is C$0.59. The company has a market capitalization of C$172.33 million, a PE ratio of -198.17 and a beta of 0.83.
Insider Activity at Power Metals
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$1.12, for a total value of C$35,616.00. 1.94% of the stock is owned by insiders.
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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