Power Metals Corp. (CVE:PWM – Get Free Report) shares rose 32% during trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares changed hands during mid-day 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 Stock Performance
The stock has a market cap of C$97.79 million, a PE ratio of -33.00 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. The company has a fifty day moving average price of C$0.45 and a 200 day moving average price of C$0.37.
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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