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Power Metals (CVE:PWM) Stock Price Down 3.7% - What's Next?

Power Metals logo with Basic Materials background

Key Points

  • Power Metals Corp. shares fell 3.7% to C$0.79 during mid-day trading, with a total volume of 273,039 shares, a decrease of 25% compared to its average session volume.
  • The company has a market capitalization of C$115.37 million, a negative price-to-earnings ratio of -132.67, and it primarily explores for lithium, cesium, and tantalum metal deposits in Canada.
  • Power Metals holds a 100% interest in the Case Lake property, which consists of 475 cell claims located in Ontario.
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Shares of Power Metals Corp. (CVE:PWM - Get Free Report) were down 3.7% during trading on Tuesday . The company traded as low as C$0.79 and last traded at C$0.79. Approximately 273,039 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 363,183 shares. The stock had previously closed at C$0.82.

Power Metals Stock Down 5.3%

The business's 50 day simple moving average is C$0.81 and its 200 day simple moving average is C$0.86. The stock has a market cap of C$103.69 million, a price-to-earnings ratio of -119.24 and a beta of 0.83.

About Power Metals

(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.

Further Reading

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