Power Metals (CVE:PWM) Shares Up 38.9% – Time to Buy?

Power Metals Corp. (CVE:PWMGet 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 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 company has a 50 day moving average price of C$0.83 and a 200 day moving average price of C$0.76. The firm has a market cap of C$135.82 million, a PE ratio of -156.19 and a beta of 0.83.

Power Metals Company Profile

(Get Free Report)

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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