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Power Metals (CVE:PWM) Hits New 1-Year High - Here's Why

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$1.03 and last traded at C$1.06, with a volume of 444106 shares trading hands. The stock had previously closed at C$1.01.

Power Metals Stock Up 8.4 %

The company has a market capitalization of C$169.41 million, a P/E ratio of -194.81 and a beta of 0.83. The company's 50-day simple moving average is C$0.54 and its 200 day simple moving average is C$0.41.

Power Metals Company Profile

(Get Free Report)

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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