Power Metals (CVE:PWM) Trading 32% Higher – What’s Next?

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price traded up 32% during mid-day trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares traded 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 Price Performance

The stock has a market capitalization of C$97.79 million, a price-to-earnings ratio of -33.00 and a beta of 0.83. The company has a fifty day simple moving average of C$0.45 and a 200 day simple moving average of C$0.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.80 and a current ratio of 1.84.

About Power Metals

(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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