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Power Metals (CVE:PWM) Trading 19.5% Higher - Time to Buy?

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) shares shot up 19.5% during trading on Tuesday . The stock traded as high as C$1.04 and last traded at C$1.04. 551,603 shares changed hands during trading, an increase of 149% from the average session volume of 221,852 shares. The stock had previously closed at C$0.87.

Power Metals Price Performance

The firm has a market capitalization of C$169.41 million, a price-to-earnings ratio of -194.81 and a beta of 0.83. The stock has a 50 day moving average price of C$0.54 and a two-hundred day moving average price of C$0.41.

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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