Power Metals Corp. (CVE:PWM - Get Free Report)'s stock price shot up 6.8% during mid-day trading on Wednesday . The company traded as high as C$1.27 and last traded at C$1.25. 350,265 shares changed hands during trading, a decline of 10% from the average session volume of 387,815 shares. The stock had previously closed at C$1.17.
Power Metals Stock Up 8.0 %
The company has a fifty day moving average price of C$0.71 and a 200 day moving average price of C$0.49. The stock has a market cap of C$197.16 million, a PE ratio of -226.72 and a beta of 0.83.
Insider Buying and Selling at Power Metals
In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of the firm's stock in a transaction on Friday, February 21st. The shares were sold at an average price of C$1.12, for a total value of C$35,616.00. Corporate insiders own 1.94% of the company's stock.
About Power Metals
(
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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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