Power Metals (CVE:PWM) Stock Price Up 32% – Should You Buy?

Shares of Power Metals Corp. (CVE:PWMGet Free Report) traded up 32% during mid-day trading on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares traded hands during mid-day trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.

Power Metals Stock Up 32.0 %

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.80 and a current ratio of 1.84. The company has a market cap of C$97.79 million, a price-to-earnings ratio of -33.00 and a beta of 0.83. The business’s 50 day simple moving average is C$0.45 and its 200-day simple moving average is C$0.37.

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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