Power Metals Corp. (CVE:PWM – Get Free Report)’s share price shot up 21.6% during trading on Tuesday . The company traded as high as C$1.47 and last traded at C$1.41. 1,506,199 shares changed hands during mid-day trading, an increase of 364% from the average session volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Trading Up 21.6 %
The firm has a market capitalization of C$205.92 million, a PE ratio of -236.80 and a beta of 0.83. The stock has a 50 day simple moving average of C$0.56 and a 200 day simple moving average of C$0.42.
Insider Buying and Selling at Power Metals
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$1.12, for a total transaction of C$35,616.00. 1.94% of the stock is currently owned by corporate insiders.
About Power Metals
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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