Plateau Energy Metals (CVE:PLU) Stock Price Down 3% – Here’s Why

Plateau Energy Metals Inc. (CVE:PLUGet Free Report) was down 3% during trading on Monday . The company traded as low as C$0.64 and last traded at C$0.65. Approximately 1,237,383 shares changed hands during mid-day trading, an increase of 165% from the average daily volume of 466,979 shares. The stock had previously closed at C$0.67.

Plateau Energy Metals Price Performance

The company has a debt-to-equity ratio of 43.71, a quick ratio of 0.30 and a current ratio of 0.36. The stock’s 50-day moving average is C$0.65 and its 200 day moving average is C$0.65. The stock has a market capitalization of C$75.94 million and a PE ratio of -13.27.

Plateau Energy Metals Company Profile

(Get Free Report)

Plateau Energy Metals Inc, a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for lithium and uranium deposits. It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno District of southeastern Peru.

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