Power Metals Corp. (CVE:PWM - Get Free Report)'s share price was up 17.6% on Saturday . The company 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.
The business has a 50-day simple moving average of C$0.48 and a 200 day simple moving average of C$0.39. The firm has a market cap of C$127.06 million, a P/E ratio of -146.11 and a beta of 0.83.
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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