Power Metals (CVE:PWM) Trading 2.5% Higher – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report)’s share price traded up 2.5% during trading on Wednesday . The stock traded as high as C$0.42 and last traded at C$0.42. 43,200 shares traded hands during trading, a decline of 61% from the average session volume of 110,046 shares. The stock had previously closed at C$0.41.

Power Metals Price Performance

The firm has a 50-day simple moving average of C$0.43 and a 200 day simple moving average of C$0.36. The firm has a market cap of C$61.49 million, a PE ratio of -20.75 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.84 and a quick ratio of 1.80.

About Power Metals

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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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