Power Metals Corp. (CVE:PWM – Get Free Report) shares shot up 21.6% during trading on Monday . The company 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 367% from the average session volume of 322,220 shares. The stock had previously closed at C$1.16.
Power Metals Stock Performance
The stock has a 50 day moving average of C$0.54 and a two-hundred day moving average of C$0.42. The stock has a market cap of C$205.92 million, a PE ratio of -236.80 and a beta of 0.83.
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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