Power Metals Corp. (CVE:PWM – Get Free Report)’s share price rose 32% during mid-day trading on Monday . The stock traded as high as C$0.68 and last traded at C$0.66. Approximately 1,193,660 shares changed hands 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 Stock Performance
The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14. The firm has a market cap of C$105.19 million, a PE ratio of -35.50 and a beta of 0.83. The stock’s 50 day moving average price is C$0.46 and its 200 day moving average price is C$0.38.
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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