Power Metals Corp. (CVE:PWM – Get Free Report) shares were up 32% on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares were traded during mid-day trading, an increase of 592% from the average daily volume of 172,589 shares. The stock had previously closed at C$0.50.
Power Metals Price Performance
The firm’s 50-day moving average price is C$0.45 and its two-hundred day moving average price is C$0.37. The stock has a market cap of C$97.79 million, a PE ratio of -33.00 and a beta of 0.83. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14.
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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