Power Metals Corp. (CVE:PWM – Get Free Report)’s share price rose 32% during trading on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares traded 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 Trading Up 32.0 %
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 business has a fifty day simple moving average of C$0.45 and a 200 day simple moving average of C$0.37. The company has a market cap of C$97.79 million, a price-to-earnings ratio of -33.00 and a beta of 0.83.
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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