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Power Metals (CVE:PWM) Stock Price Up 27.8% - Here's Why

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report)'s share price was up 27.8% during mid-day trading on Thursday . The company traded as high as C$0.97 and last traded at C$0.92. Approximately 2,227,550 shares changed hands during mid-day trading, an increase of 452% from the average daily volume of 403,239 shares. The stock had previously closed at C$0.72.

Power Metals Stock Performance

The business's 50 day moving average price is C$0.83 and its 200-day moving average price is C$0.76. The firm has a market capitalization of C$135.82 million, a PE 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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