Power Metals (CVE:PWM) Trading 29.2% Higher – Should You Buy?

Power Metals Corp. (CVE:PWMGet Free Report)’s share price shot up 29.2% during mid-day trading on Thursday . The company traded as high as C$0.93 and last traded at C$0.93. 1,504,386 shares were traded during trading, an increase of 277% from the average session volume of 398,735 shares. The stock had previously closed at C$0.72.

Power Metals Trading Down 7.0%

The company has a market capitalization of C$135.82 million, a price-to-earnings ratio of -156.19 and a beta of 0.83. The stock’s fifty day simple moving average is C$0.83 and its 200-day simple moving average is C$0.76.

Power Metals Company Profile

(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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