Shares of Power Metals Corp. (CVE:PWM – Get Free Report) traded 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 traded hands during 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 Price Performance
The stock has a market cap of C$205.92 million, a price-to-earnings ratio of -236.80 and a beta of 0.83. The company’s fifty day simple moving average is C$0.56 and its two-hundred day simple moving average is C$0.42.
Insider Buying and Selling
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of Power Metals stock in a transaction that occurred on 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 company insiders.
Power Metals Company Profile
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.
Recommended Stories
- Five stocks we like better than Power Metals
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Finding Hidden Gems: Unconventional Penny Stock Investing
- Technology Stocks Explained: Here’s What to Know About Tech
- Price Targets on NVIDIA Rise in Front of Earnings
- Want to Profit on the Downtrend? Downtrends, Explained.
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Receive News & Ratings for Power Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Metals and related companies with MarketBeat.com's FREE daily email newsletter.
