Shares of Power Metals Corp. (CVE:PWM – Get Free Report) traded up 21.6% on Tuesday . 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 Stock Performance
The company has a 50 day simple moving average of C$0.56 and a two-hundred day simple moving average of C$0.42. The firm has a market cap of C$205.92 million, a PE ratio of -236.80 and a beta of 0.83.
Insider Buying and Selling at Power Metals
In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$1.12, for a total transaction of C$35,616.00. Company insiders own 1.94% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Power Metals
- High Dividend REITs: Are They an Ideal Way to Diversify?
- The Behemoth BlackRock’s Next Trillion Comes From Private Assets
- 3 Warren Buffett Stocks to Buy Now
- Rivian’s Rough Patch: Is the Dip a Doorway to Long-Term Gains?
- Insider Trades May Not Tell You What You Think
- Institutions Signal Opportunty to Buy High-Yield Kraft-Heinz
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.
