Power Metals Corp. (CVE:PWM – Get Free Report)’s share price was up 32% during mid-day trading on Tuesday . The stock 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 Price Performance
The firm has a 50-day simple moving average of C$0.46 and a two-hundred day simple moving average of C$0.38. The company has a market capitalization of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14.
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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