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Power Metals (CVE:PWM) Trading Up 32% - Here's Why

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report)'s stock price shot up 32% during trading on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares traded hands during 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 Trading Up 16.9 %

The company has a market capitalization of C$126.33 million, a P/E ratio of -145.27 and a beta of 0.83. The stock's fifty day moving average is C$0.46 and its 200 day moving average is C$0.38.

Power Metals Company Profile

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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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