Power Metals (CVE:PWM) Trading 21.6% Higher – Should You Buy?

Power Metals Corp. (CVE:PWMGet Free Report) shares traded up 21.6% during trading on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares traded hands during mid-day trading, an increase of 364% from the average session volume of 324,861 shares. The stock had previously closed at C$1.16.

Power Metals Trading Up 21.6 %

The stock has a market capitalization of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The company has a 50-day moving average price of C$0.56 and a 200 day moving average price of C$0.42.

Insider Transactions at Power Metals

In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of C$1.12, for a total transaction of C$35,616.00. Corporate insiders own 1.94% of the company’s stock.

Power Metals Company Profile

(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.

Further Reading

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