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Power Metals (CVE:PWM) Trading 17.2% Higher - Still a Buy?

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) rose 17.2% during mid-day trading on Tuesday . The company traded as high as C$1.05 and last traded at C$1.02. Approximately 1,133,495 shares changed hands during mid-day trading, an increase of 355% from the average daily volume of 248,960 shares. The stock had previously closed at C$0.87.

Power Metals Trading Up 8.4 %

The stock has a market cap of C$169.41 million, a PE ratio of -194.81 and a beta of 0.83. The business has a 50 day moving average of C$0.54 and a 200-day moving average of 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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