Plateau Energy Metals (CVE:PLU) Trading Down 3% – Should You Sell?

Plateau Energy Metals Inc. (CVE:PLUGet Free Report)’s share price dropped 3% during mid-day trading on Friday . The company traded as low as C$0.64 and last traded at C$0.65. Approximately 1,237,383 shares traded hands during mid-day trading, an increase of 165% from the average daily volume of 466,979 shares. The stock had previously closed at C$0.67.

Plateau Energy Metals Stock Down 3.0 %

The firm’s fifty day simple moving average is C$0.65 and its 200 day simple moving average is C$0.65. The company has a current ratio of 0.36, a quick ratio of 0.30 and a debt-to-equity ratio of 43.71. The company has a market cap of C$75.94 million and a price-to-earnings ratio of -13.27.

Plateau Energy Metals Company Profile

(Get Free Report)

Plateau Energy Metals Inc, a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for lithium and uranium deposits. It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno District of southeastern Peru.

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