Power Metals (CVE:PWM) Trading Up 17.6% – Here’s What Happened

Power Metals Corp. (CVE:PWMGet Free Report) was up 17.6% during trading on Saturday . The stock traded as high as C$0.88 and last traded at C$0.87. Approximately 1,147,598 shares traded hands during trading, an increase of 413% from the average daily volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Stock Up 17.6 %

The firm has a 50 day moving average of C$0.48 and a 200 day moving average of C$0.39. The firm has a market cap of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83.

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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