Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price rose 21.6% during trading on Monday . The stock traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares traded hands during trading, an increase of 364% from the average daily volume of 324,861 shares. The stock had previously closed at C$1.16.
Power Metals Stock Up 21.6 %
The stock’s fifty day simple moving average is C$0.56 and its two-hundred day simple moving average is C$0.42. The firm has a market cap of C$205.92 million, a PE ratio of -236.80 and a beta of 0.83.
Insider Buying and Selling
In other news, Senior Officer Marion Mcgrath sold 31,800 shares of Power Metals stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$1.12, for a total value of C$35,616.00. 1.94% of the stock is currently owned by company 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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