Power Metals (CVE:PWM) Stock Price Up 21.6% – What’s Next?

Power Metals Corp. (CVE:PWM) traded up 21.6% during mid-day trading on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares changed 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 company has a fifty day simple moving average of C$0.56 and a 200-day simple moving average of C$0.42. The stock has a market cap of C$205.92 million, a price-to-earnings 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 Power Metals 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.

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.