Power Metals Corp. (CVE:PWM – Get Free Report)’s share price reached a new 52-week low on Wednesday. The company traded as low as C$0.39 and last traded at C$0.39, with a volume of 87,321 shares changing hands. The stock had previously closed at C$0.39.
Power Metals Price Performance
The firm has a market cap of C$66.31 million, a P/E ratio of -38.00 and a beta of -0.30. The business’s fifty day simple moving average is C$0.51 and its 200-day simple moving average is C$0.54. The company has a current ratio of 0.07, a quick ratio of 1.80 and a debt-to-equity ratio of 1.98.
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. The company also has an option agreement to acquire 100% interests in the Paterson Lake property consisting of 106 cell claims located in northwestern Ontario; and holds Gullwing-Tot Lake property that consists of 112 cell claims located in northwestern Ontario.
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