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Power Metals (CVE:PWM) Trading 17.2% Higher - Here's What Happened

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) shares rose 17.2% on Tuesday . The company traded as high as C$1.05 and last traded at C$1.02. Approximately 812,742 shares were traded during mid-day trading, an increase of 239% from the average daily volume of 239,574 shares. The stock had previously closed at C$0.87.

Power Metals Trading Up 8.4 %

The business has a fifty day moving average price of C$0.54 and a 200-day moving average price of C$0.41. The stock has a market capitalization of C$169.41 million, a PE ratio of -194.81 and a beta of 0.83.

About Power Metals

(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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