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Power Metals (CVE:PWM) Stock Price Up 32% - Should You Buy?

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) shares traded up 32% on Monday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares were traded during mid-day trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.

Power Metals Stock Performance

The business's 50 day simple moving average is C$0.46 and its 200-day simple moving average is C$0.38. The company has a market cap of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83.

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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