Power Metals (CVE:PWM) Shares Up 17.6% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price shot up 17.6% during mid-day trading on Saturday . The stock traded as high as C$0.88 and last traded at C$0.87. 1,147,598 shares traded hands during trading, an increase of 413% from the average session volume of 223,718 shares. The stock had previously closed at C$0.74.

Power Metals Trading Up 17.6 %

The company has a 50-day moving average of C$0.48 and a 200-day moving average of C$0.39. The company has a market capitalization of C$127.06 million, a price-to-earnings ratio of -146.11 and a beta of 0.83.

Power Metals Company Profile

(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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