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Power Metals (CVE:PWM) Trading 29.2% Higher - Should You Buy?

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) shares rose 29.2% on Thursday . The stock traded as high as C$0.93 and last traded at C$0.93. Approximately 1,504,386 shares were traded during mid-day trading, an increase of 277% from the average daily volume of 398,735 shares. The stock had previously closed at C$0.72.

Power Metals Stock Performance

The company has a fifty day simple moving average of C$0.83 and a two-hundred day simple moving average of C$0.76. The company has a market capitalization of C$135.82 million, a price-to-earnings ratio of -156.19 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.

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