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Power Metals (CVE:PWM) Shares Up 38.9% - Here's What Happened

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report) shares were up 38.9% during trading on Thursday . The stock traded as high as C$1.03 and last traded at C$1.00. Approximately 2,447,665 shares were traded during mid-day trading, an increase of 499% from the average daily volume of 408,754 shares. The stock had previously closed at C$0.72.

Power Metals Trading Up 38.9%

The firm has a market capitalization of C$146.04 million, a P/E ratio of -167.94 and a beta of 0.83. The business has a 50-day moving average of C$0.83 and a 200 day moving average of C$0.76.

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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