Shares of Power Metals Corp. (CVE:PWM – Get Free Report) shot 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 traded hands 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 business 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 cap of C$205.92 million, a PE ratio of -236.80 and a beta of 0.83.
Power Metals Company Profile
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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