Power Metals Corp. (CVE:PWM - Get Free Report) shares rose 38.9% on Friday . The stock traded as high as C$1.03 and last traded at C$1.00. Approximately 2,447,665 shares traded hands 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 Down 7.0%
The company has a market cap of C$135.82 million, a price-to-earnings ratio of -156.19 and a beta of 0.83. The business's 50 day moving average price is C$0.83 and its 200-day moving average price is C$0.76.
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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