Power Metals (CVE:PWM) Trading Up 17.6% – Should You Buy?

Power Metals Corp. (CVE:PWMGet Free Report) rose 17.6% on Friday . The company traded as high as C$0.88 and last traded at C$0.87. Approximately 1,147,598 shares were traded during trading, an increase of 413% from the average daily volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Price Performance

The company has a 50 day simple moving average of C$0.48 and a 200-day simple moving average of C$0.39. The stock has a market cap of C$127.06 million, a P/E ratio of -146.11 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.

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