Power Metals Corp. (CVE:PWM – Get Free Report) shot up 32% during trading on Monday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares were traded during mid-day trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.
Power Metals Trading Down 1.4 %
The firm has a market capitalization of C$105.19 million, a price-to-earnings ratio of -35.50 and a beta of 0.83. The company has a quick ratio of 1.80, a current ratio of 1.84 and a debt-to-equity ratio of 0.14. The firm’s 50 day moving average is C$0.46 and its 200 day moving average is C$0.38.
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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