Shares of Power Metals Corp. (CVE:PWM – Get Free Report) rose 32% on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares changed hands during trading, an increase of 592% from the average daily volume of 172,589 shares. The stock had previously closed at C$0.50.
Power Metals Stock Performance
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 business has a 50-day moving average price of C$0.45 and a 200 day moving average price of C$0.37. The stock has a market capitalization of C$97.79 million, a P/E ratio of -33.00 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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