Power Metals (CVE:PWM) Shares Up 32% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report) shot up 32% during trading on Tuesday . 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 company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average of C$0.46 and a 200 day moving average of C$0.38. The firm has a market capitalization of C$105.19 million, a PE ratio of -35.50 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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