Power Metals (CVE:PWM) Trading Up 17.6% – What’s Next?

Power Metals Corp. (CVE:PWMGet Free Report)’s share price shot up 17.6% during trading on Friday . The company traded as high as C$0.87 and last traded at C$0.87. 1,117,098 shares changed hands during 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 Stock Up 17.6 %

The company has a market cap of C$127.06 million, a P/E ratio of -146.11 and a beta of 0.83. The business has a fifty day moving average of C$0.48 and a 200 day 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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