Power Metals (CVE:PWM) Shares Up 17.2% – Should You Buy?

Power Metals Corp. (CVE:PWMGet Free Report) shot up 17.2% during trading on Tuesday . The company traded as high as C$1.05 and last traded at C$1.02. 1,133,495 shares traded hands during trading, an increase of 355% from the average session volume of 248,960 shares. The stock had previously closed at C$0.87.

Power Metals Trading Up 16.1 %

The company has a market cap of C$147.50 million, a P/E ratio of -169.62 and a beta of 0.83. The business’s 50 day simple moving average is C$0.49 and its 200 day simple moving average is C$0.39.

Power Metals Company Profile

(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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