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Power Metals (CVE:PWM) Trading Up 17.6% - Time to Buy?

Power Metals logo with Basic Materials background

Shares of Power Metals Corp. (CVE:PWM - Get Free Report) traded up 17.6% during mid-day trading on Saturday . The stock traded as high as C$0.88 and last traded at C$0.87. 1,147,598 shares were traded during mid-day trading, an increase of 413% from the average session volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Price Performance

The stock's 50-day simple moving average is C$0.49 and its 200 day simple moving average is C$0.39. The firm has a market cap of C$147.50 million, a P/E ratio of -169.62 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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