Power Metals (CVE:PWM) Trading Up 2.2%

Power Metals Corp. (CVE:PWMGet Rating) was up 2.2% during mid-day trading on Thursday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 33,700 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 193,813 shares. The stock had previously closed at C$0.23.

Power Metals Trading Up 2.2 %

The firm’s 50-day moving average price is C$0.20 and its 200-day moving average price is C$0.19. The company has a market cap of C$30.60 million and a P/E ratio of -23.00. The company has a quick ratio of 1.80, a current ratio of 1.82 and a debt-to-equity ratio of 0.14.

About Power Metals

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Power Metals Corp., an exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Canada. It holds a 100% interest in the Case Lake property that consists of 475 cell claims located in Ontario. It also has an option agreement to acquire 100% interests in the Paterson Lake and Gullwing-Tot properties consisting of 106 cell claims located in northwestern Ontario.

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