Power Metals (CVE:PWM) Trading Up 17.6% – Time to Buy?

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price was up 17.6% during trading on Saturday . The stock traded as high as C$0.88 and last traded at C$0.87. Approximately 1,147,598 shares traded hands during trading, an increase of 413% from the average daily volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Stock Up 17.6 %

The company has a market capitalization of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83. The business’s 50-day moving average is C$0.48 and its 200-day moving average is C$0.39.

About Power Metals

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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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