Power Metals Corp. (CVE:PWM – Get Free Report) shares shot up 25.9% during mid-day trading on Monday . The stock traded as high as C$1.46 and last traded at C$1.46. 994,751 shares changed hands during trading, an increase of 220% from the average session volume of 310,398 shares. The stock had previously closed at C$1.16.
Power Metals Stock Up 21.6 %
The firm has a market cap of C$205.92 million, a price-to-earnings ratio of -236.80 and a beta of 0.83. The company’s 50-day moving average price is C$0.54 and its 200-day moving average price is C$0.42.
About Power Metals
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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