Power Metals Corp. (CVE:PWM – Get Free Report) fell 6.8% during mid-day trading on Wednesday . The company traded as low as C$0.66 and last traded at C$0.69. 518,254 shares were traded during trading, an increase of 19% from the average session volume of 434,305 shares. The stock had previously closed at C$0.74.
Power Metals Stock Performance
The stock has a market cap of C$108.07 million, a PE ratio of -124.28 and a beta of 0.83. The company’s 50-day moving average price is C$1.05 and its 200 day moving average price is C$0.64.
Insider Buying and Selling at Power Metals
In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of C$1.12, for a total transaction of C$35,616.00. Company insiders own 1.94% of the company’s stock.
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.
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