Shares of Power Metals Corp. (CVE:PWM – Get Free Report) shot up 17.6% during trading on Saturday . The company traded as high as C$0.88 and last traded at C$0.87. 1,147,598 shares changed 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’s fifty day moving average is C$0.48 and its 200 day moving average is C$0.39. The company has a market capitalization of C$127.06 million, a P/E ratio of -146.11 and a beta of 0.83.
Power Metals Company Profile
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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