Power Metals Corp. (CVE:PWM – Get Free Report) shot up 18.3% on Thursday . The stock traded as high as C$0.97 and last traded at C$0.97. 657,171 shares were traded during mid-day trading, an increase of 108% from the average session volume of 315,777 shares. The stock had previously closed at C$0.82.
Power Metals Stock Down 2.8%
The company has a 50 day moving average of C$0.78 and a 200 day moving average of C$0.79. The firm has a market cap of C$159.02 million, a price-to-earnings ratio of -103.00 and a beta of 0.22.
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.
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