Plateau Energy Metals (CVE:PLU) Trading Down 3% – Should You Sell?

Shares of Plateau Energy Metals Inc. (CVE:PLUGet Free Report) were down 3% during mid-day trading on Friday . The company traded as low as C$0.64 and last traded at C$0.65. Approximately 1,237,383 shares were traded during trading, an increase of 165% from the average daily volume of 466,979 shares. The stock had previously closed at C$0.67.

Plateau Energy Metals Price Performance

The company has a debt-to-equity ratio of 43.71, a current ratio of 0.36 and a quick ratio of 0.30. The stock’s fifty day simple moving average is C$0.65 and its 200-day simple moving average is C$0.65. The company has a market capitalization of C$75.94 million and a P/E ratio of -13.27.

About Plateau Energy Metals

(Get Free Report)

Plateau Energy Metals Inc, a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for lithium and uranium deposits. It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno District of southeastern Peru.

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