Shares of Power Metals Corp. (CVE:PWM – Get Free Report) were up 12.8% during trading on Wednesday . The company traded as high as C$1.32 and last traded at C$1.32. Approximately 480,461 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 388,419 shares. The stock had previously closed at C$1.17.
Power Metals Trading Up 12.8 %
The company has a market cap of C$192.78 million, a price-to-earnings ratio of -221.68 and a beta of 0.83. The company has a fifty day moving average price of C$0.66 and a two-hundred day moving average price of C$0.47.
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 that occurred on Friday, February 21st. The stock was sold at an average price of C$1.12, for a total transaction of C$35,616.00. 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.
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