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Power Metals (CVE:PWM) Stock Price Up 17.6% - Here's Why

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report)'s share price traded up 17.6% on Saturday . The stock traded as high as C$0.88 and last traded at C$0.87. 1,147,598 shares were traded during trading, an increase of 413% from the average session volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Price Performance

The firm has a market capitalization of C$147.50 million, a PE ratio of -169.62 and a beta of 0.83. The business has a 50-day moving average price of C$0.51 and a 200-day moving average price of C$0.40.

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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