Shares of Power Metals Corp. (CVE:PWM – Get Free Report) rose 17.6% during trading on Friday . The stock traded as high as C$0.87 and last traded at C$0.87. Approximately 1,117,098 shares changed hands during trading, an increase of 403% from the average daily volume of 221,968 shares. The stock had previously closed at C$0.74.
Power Metals Price Performance
The stock has a market capitalization of C$127.06 million, a PE ratio of -146.11 and a beta of 0.83. The firm’s 50 day simple moving average is C$0.48 and its 200 day simple moving average is C$0.39.
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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