Shares of Power Metals Corp. (CVE:PWM - Get Free Report) dropped 4.5% on Wednesday . The company traded as low as C$0.84 and last traded at C$0.85. Approximately 268,999 shares were traded during trading, a decline of 38% from the average daily volume of 433,202 shares. The stock had previously closed at C$0.89.
Power Metals Price Performance
The stock has a 50 day simple moving average of C$1.04 and a 200-day simple moving average of C$0.70. The firm has a market cap of C$122.68 million, a PE ratio of -141.07 and a beta of 0.83.
Insider Transactions at Power Metals
In other news, Senior Officer Marion Mcgrath sold 31,800 shares of the firm's stock in a transaction dated 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 owned by 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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