Power Metals (CVE:PWM) Shares Up 17.6% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price was up 17.6% during trading on Friday . The company traded as high as C$0.88 and last traded at C$0.87. Approximately 1,147,598 shares changed hands during trading, an increase of 417% from the average daily volume of 222,015 shares. The stock had previously closed at C$0.74.

Power Metals Price Performance

The business has a 50 day simple moving average of C$0.48 and a 200 day simple moving average of C$0.39. The company has a market capitalization of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83.

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. 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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