Shares of Power Metals Corp. (CVE:PWM – Get Free Report) shot up 27.8% during trading on Thursday . The company traded as high as C$0.97 and last traded at C$0.92. 2,227,550 shares were traded during trading, an increase of 452% from the average session volume of 403,239 shares. The stock had previously closed at C$0.72.
Power Metals Stock Down 7.0%
The stock has a market capitalization of C$135.82 million, a P/E ratio of -156.19 and a beta of 0.83. The firm’s 50-day simple moving average is C$0.83 and its 200 day simple moving average is C$0.76.
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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