Power Metals (CVE:PWM) Reaches New 52-Week High – What’s Next?

Power Metals Corp. (CVE:PWMGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.03 and last traded at C$1.06, with a volume of 444106 shares traded. The stock had previously closed at C$1.01.

Power Metals Stock Up 8.4 %

The firm has a market cap of C$169.41 million, a P/E ratio of -194.81 and a beta of 0.83. The company’s 50 day simple moving average is C$0.54 and its 200-day simple moving average is C$0.41.

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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