Power Metals (CVE:PWM) Stock Price Up 17.6% – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report)’s share price traded up 17.6% during mid-day trading on Friday . The company traded as high as C$0.87 and last traded at C$0.87. 1,117,098 shares were traded during mid-day trading, an increase of 403% from the average session volume of 221,968 shares. The stock had previously closed at C$0.74.

Power Metals Price Performance

The stock has a market cap of C$127.06 million, a P/E ratio of -146.11 and a beta of 0.83. The stock has a 50-day simple moving average of C$0.48 and a 200-day simple moving average of C$0.39.

About Power Metals

(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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