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Power Metals (CVE:PWM) Trading Up 38.9% - Here's Why

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report)'s share price was up 38.9% during trading on Friday . The stock traded as high as C$1.03 and last traded at C$1.00. Approximately 2,447,665 shares changed hands during 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 company has a fifty day simple moving average of C$0.83 and a two-hundred day simple moving average of C$0.76. The company has a market capitalization of C$135.82 million, a P/E 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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