Power Metals Corp. (CVE:PWM – Get Free Report) shares traded down 6.8% during trading on Wednesday . The company traded as low as C$0.66 and last traded at C$0.69. 518,254 shares traded hands during mid-day trading, an increase of 19% from the average session volume of 434,305 shares. The stock had previously closed at C$0.74.
Power Metals Stock Performance
The company has a market cap of C$127.06 million, a P/E ratio of -146.11 and a beta of 0.83. The business’s 50-day moving average price is C$1.06 and its 200 day moving average price is C$0.64.
Insider Buying and Selling
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of C$1.12, for a total value of C$35,616.00. 1.94% of the stock is currently owned by corporate insiders.
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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