Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price rose 6.8% during mid-day trading on Wednesday . The company traded as high as C$1.27 and last traded at C$1.25. Approximately 350,265 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 387,815 shares. The stock had previously closed at C$1.17.
Power Metals Stock Down 1.6 %
The firm has a fifty day moving average of C$0.70 and a 200-day moving average of C$0.48. The firm has a market cap of C$179.63 million, a P/E ratio of -206.57 and a beta of 0.83.
Insiders Place Their Bets
In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of C$1.12, for a total transaction of C$35,616.00. Insiders own 1.94% of the company’s stock.
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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