Power Metals (CVE:PWM) Shares Up 21.6% – Here’s What Happened

Shares of Power Metals Corp. (CVE:PWMGet Free Report) traded up 21.6% during mid-day trading on Monday . The stock traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares were traded during trading, an increase of 364% from the average session volume of 324,861 shares. The stock had previously closed at C$1.16.

Power Metals Trading Up 21.6 %

The stock has a 50-day moving average price of C$0.54 and a 200 day moving average price of C$0.42. The stock has a market capitalization of C$205.92 million, a price-to-earnings ratio of -236.80 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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