Power Metals (CVE:PWM) Trading Down 6.7% - Should You Sell?

Power Metals Corp. (CVE:PWM - Get Free Report)'s share price was down 6.7% during mid-day trading on Monday . The company traded as low as C$0.74 and last traded at C$0.84. Approximately 462,386 shares traded hands during trading, an increase of 7% from the average daily volume of 430,164 shares. The stock had previously closed at C$0.90.

Power Metals Price Performance

The firm has a market capitalization of C$127.06 million, a PE ratio of -146.11 and a beta of 0.83. The firm has a fifty day moving average price of C$1.07 and a 200 day moving average price of C$0.65.

Insider Buying and Selling at Power Metals

In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of Power Metals stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$1.12, for a total transaction of C$35,616.00. 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.