Power Metals (CVE:PWM) Stock Price Up 17.6% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report) traded up 17.6% on Friday . The company traded as high as C$0.87 and last traded at C$0.87. 1,117,098 shares changed hands during mid-day trading, an increase of 403% from the average session volume of 221,968 shares. The stock had previously closed at C$0.74.

Power Metals Price Performance

The company has a market capitalization of C$127.06 million, a P/E ratio of -146.11 and a beta of 0.83. The stock’s 50 day simple moving average is C$0.48 and its two-hundred day simple moving average is C$0.39.

Power Metals Company Profile

(Get Free Report)

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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