Shares of Power Metals Corp. (CVE:PWM – Get Free Report) shot up 17.6% on Saturday . The company traded as high as C$0.88 and last traded at C$0.87. 1,147,598 shares traded hands during mid-day 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 business has a fifty day moving average price of C$0.48 and a two-hundred day moving average price of C$0.39. The firm 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
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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