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Power Metals (CVE:PWM) Trading Up 38.9% - Time to Buy?

Power Metals logo with Basic Materials background

Power Metals Corp. (CVE:PWM - Get Free Report)'s stock price was up 38.9% during trading on Thursday . The stock traded as high as C$1.03 and last traded at C$1.00. Approximately 2,447,665 shares changed 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 Price Performance

The company has a market capitalization of C$146.04 million, a PE ratio of -167.94 and a beta of 0.83. The firm's fifty day simple moving average is C$0.83 and its 200 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.

Further Reading

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