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Power Metals (CVE:PWM) Trading Up 27.8% - Here's What Happened

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report)'s stock price was up 27.8% on Thursday . The stock 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 Trading Down 7.0%

The company has a market capitalization of C$135.82 million, a price-to-earnings ratio of -156.19 and a beta of 0.83. The firm's fifty day simple moving average is C$0.83 and its two-hundred day simple moving average is 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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