Power Metals (CVE:PWM) Stock Price Up 32% – What’s Next?

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price traded up 32% during mid-day trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. 1,193,660 shares changed hands during trading, an increase of 592% from the average session volume of 172,589 shares. The stock had previously closed at C$0.50.

Power Metals Price Performance

The company has a fifty day moving average of C$0.46 and a 200-day moving average of C$0.38. The firm has a market cap of C$105.19 million, a P/E ratio of -35.50 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.84 and a quick ratio of 1.80.

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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