Shares of Power Metals Corp. (CVE:PWM – Get Free Report) traded up 32% during trading on Monday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares changed hands during mid-day trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.
Power Metals Price Performance
The business’s fifty day simple moving average is C$0.46 and its 200 day simple moving average is C$0.38. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.80 and a current ratio of 1.84. The stock has a market cap of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83.
Power Metals Company Profile
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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