Power Metallic Mines (OTCMKTS:PNPNF) Shares Down 0.6% – Here’s What Happened

Power Metallic Mines Inc. (OTCMKTS:PNPNFGet Free Report) shares traded down 0.6% on Thursday . The company traded as low as $0.93 and last traded at $0.9574. 143,538 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 320,691 shares. The stock had previously closed at $0.9630.

Analysts Set New Price Targets

Separately, Noble Financial upgraded shares of Power Metallic Mines to a “strong-buy” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on Power Metallic Mines

Power Metallic Mines Stock Performance

The company has a market cap of $224.29 million and a P/E ratio of -7.98.

About Power Metallic Mines

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Power Metallic Mines Inc is an exploration company focused on advancing the Nisk Project Area a nickel-copper-PGE, gold and silver. Power Metallic Mines Inc is based in TORONTO.

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