Power Metals (CVE:PWM) Stock Price Up 17.2% – What’s Next?

Power Metals Corp. (CVE:PWMGet Free Report)’s share price shot up 17.2% during mid-day trading on Tuesday . The company traded as high as C$1.05 and last traded at C$1.02. 812,742 shares changed hands during mid-day trading, an increase of 239% from the average session volume of 239,574 shares. The stock had previously closed at C$0.87.

Power Metals Price Performance

The firm has a market cap of C$156.27 million, a P/E ratio of -179.70 and a beta of 0.83. The firm’s 50-day moving average price is C$0.52 and its 200 day moving average price is C$0.41.

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.

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