Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price shot up 21.6% during trading on Monday . 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 Stock Up 21.6 %
The company’s fifty day simple moving average is C$0.54 and its 200 day simple moving average is C$0.42. The stock has a market capitalization of C$205.92 million, a price-to-earnings 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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