Power Metals Corp. (CVE:PWM - Get Free Report) dropped 6.8% during mid-day trading on Wednesday . The company traded as low as C$0.66 and last traded at C$0.69. Approximately 518,254 shares changed hands during trading, an increase of 19% from the average daily volume of 434,305 shares. The stock had previously closed at C$0.74.
Power Metals Trading Up 4.6 %
The company's 50 day simple moving average is C$1.08 and its 200 day simple moving average is C$0.65. The stock has a market capitalization of C$132.90 million, a PE ratio of -152.83 and a beta of 0.83.
Insider Buying and Selling
In related news, Senior Officer Marion Mcgrath sold 31,800 shares of the company's 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. 1.94% of the stock is currently owned by company insiders.
Power Metals Company Profile
(
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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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