Power Metals Corp. (CVE:PWM - Get Free Report)'s share price shot up 17.6% during mid-day trading on Friday . The stock traded as high as C$0.87 and last traded at C$0.87. 1,117,098 shares were traded during mid-day trading, an increase of 403% from the average session volume of 221,968 shares. The stock had previously closed at C$0.74.
Power Metals Price Performance
The firm's 50-day moving average price is C$0.49 and its 200-day moving average price is C$0.39. The company has a market cap of C$151.88 million, a price-to-earnings ratio of -174.66 and a beta of 0.83.
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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