Power Metals (CVE:PWM) Trading 32% Higher – Here’s What Happened

Power Metals Corp. (CVE:PWMGet Free Report) shares were up 32% during mid-day trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares traded 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 Trading Down 1.4 %

The company has a 50 day moving average of C$0.46 and a 200-day moving average of C$0.38. 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 stock has a market cap of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83.

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.

Read More

Receive News & Ratings for Power Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Metals and related companies with MarketBeat.com's FREE daily email newsletter.