Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price shot up 21.6% on Tuesday . The company traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares were traded during trading, an increase of 364% from the average session volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Price Performance
The stock has a market capitalization of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The stock’s fifty day moving average is C$0.56 and its two-hundred day moving average is C$0.42.
Insider Buying and Selling
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$1.12, for a total value of C$35,616.00. 1.94% of the stock is currently owned by insiders.
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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