Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price rose 17.6% during trading on Saturday . The company traded as high as C$0.88 and last traded at C$0.87. Approximately 1,147,598 shares were traded during trading, an increase of 413% from the average daily volume of 223,718 shares. The stock had previously closed at C$0.74.
Power Metals Price Performance
The business has a 50 day simple moving average of C$0.48 and a 200 day simple moving average of C$0.39. The company has a market capitalization of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83.
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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