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

Shares of Power Metals Corp. (CVE:PWMGet Free Report) were up 32% during trading on Monday . The company 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 stock has a market cap of C$105.19 million, a P/E ratio of -35.50 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.84 and a quick ratio of 1.80. The business’s fifty day moving average price is C$0.46 and its 200 day moving average price is C$0.38.

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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