Shares of Power Metals Corp. (CVE:PWM - Get Free Report) rose 38.9% during trading on Friday . The company 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 Price Performance
The firm has a market cap of C$135.82 million, a P/E ratio of -156.19 and a beta of 0.83. The stock's 50-day moving average price is C$0.83 and its 200 day moving average price is C$0.76.
About Power Metals
(
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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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