Power Metals Corp. (CVE:PWM – Get Free Report)’s share price shot up 38.9% during trading on Friday . The stock traded as high as C$1.03 and last traded at C$1.00. 2,447,665 shares changed hands during mid-day trading, an increase of 499% from the average session volume of 408,754 shares. The stock had previously closed at C$0.72.
Power Metals Price Performance
The firm has a market cap of C$135.82 million, a price-to-earnings ratio of -156.19 and a beta of 0.83. The stock has a 50-day moving average of C$0.83 and a 200-day moving average of C$0.76.
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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