Power Metals (CVE:PWM) Trading 17.6% Higher – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report) traded up 17.6% during trading on Friday . The stock traded as high as C$0.88 and last traded at C$0.87. 1,147,598 shares changed hands during trading, an increase of 413% from the average session volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Price Performance

The firm has a 50-day moving average of C$0.48 and a 200 day moving average of C$0.39. The stock has a market capitalization of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83.

Power Metals Company Profile

(Get Free Report)

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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