Power Metals (CVE:PWM) Shares Down 2.9% - What's Next?

Key Points

• Power Metals Corp. shares fell by 2.9% on Wednesday, trading between C$0.96 and C$1.02, with a notable increase in trading volume of 579,978 shares.
• The company has a market capitalization of C$157.47 million and a price-to-earnings ratio of -102.00.
• Power Metals specializes in exploring for lithium, cesium, and tantalum metal deposits, holding a 100% interest in the Case Lake property in Ontario.

Power Metals Corp. (CVE:PWM - )'s share price traded down 2.9% on Wednesday . The company traded as low as C$0.96 and last traded at C$1.02. 579,978 shares were traded during mid-day trading, an increase of 83% from the average session volume of 316,134 shares. The stock had previously closed at C$1.05.

Power Metals Price Performance

The company has a market capitalization of C$157.47 million, a price-to-earnings ratio of -102.00 and a beta of 0.22. The stock has a 50 day simple moving average of C$0.75 and a two-hundred day simple moving average of C$0.79.

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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