Power Metals Corp. (CVE:PWM – Get Free Report) shares traded up 21.6% on Tuesday . The stock 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 364% from the average session volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Price Performance
The company has a market capitalization of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The company’s 50-day moving average price is C$0.56 and its two-hundred day moving average price is C$0.42.
Insider Activity
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of C$1.12, for a total transaction of C$35,616.00. Insiders own 1.94% of the company’s stock.
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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