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Power Metals (CVE:PWM) Stock Price Up 36% - Here's What Happened

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) rose 36% on Monday . The stock traded as high as C$0.68 and last traded at C$0.68. Approximately 538,552 shares were traded during trading, an increase of 269% from the average daily volume of 145,853 shares. The stock had previously closed at C$0.50.

Power Metals Trading Up 17.6 %

The company has a fifty day simple moving average of C$0.48 and a two-hundred day simple moving average of C$0.39. The company has a market cap of C$127.06 million, a PE ratio of -146.11 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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