Shares of Power Metals Corp. (CVE:PWM – Get Free Report) shot up 32% during trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares changed hands during 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 Stock 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 firm has a market capitalization of C$105.19 million, a P/E ratio of -35.50 and a beta of 0.83. The business’s 50 day simple moving average is C$0.46 and its two-hundred day simple moving average is C$0.38.
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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