Power Metals (CVE:PWM) Shares Up 36% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report)’s share price was up 36% on Monday . The company traded as high as C$0.68 and last traded at C$0.68. Approximately 538,552 shares traded hands during trading, an increase of 269% from the average daily volume of 145,853 shares. The stock had previously closed at C$0.50.

Power Metals Stock Performance

The firm has a market cap of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83. The firm’s 50 day moving average is C$0.46 and its 200-day moving average is C$0.38. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.80 and a current ratio of 1.84.

Power Metals Company Profile

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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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