Shares of Power Metals Corp. (CVE:PWM – Get Free Report) shot up 19.5% during mid-day trading on Tuesday . The company traded as high as C$1.04 and last traded at C$1.04. 551,603 shares were traded during mid-day trading, an increase of 149% from the average session volume of 221,852 shares. The stock had previously closed at C$0.87.
Power Metals Trading Up 5.9 %
The firm has a market cap of C$156.27 million, a PE ratio of -179.70 and a beta of 0.83. The company’s 50 day moving average price is C$0.51 and its two-hundred day moving average price is C$0.40.
Power Metals Company Profile
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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