Shares of Power Metals Corp. (CVE:PWM – Get Free Report) rose 2.5% during mid-day trading on Monday . The company traded as high as C$0.42 and last traded at C$0.41. Approximately 282,536 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 235,875 shares. The stock had previously closed at C$0.40.
Power Metals Trading Up 2.5 %
The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14. The company has a market cap of C$60.75 million, a PE ratio of -20.50 and a beta of 0.74. The business’s 50-day simple moving average is C$0.28 and its 200-day simple moving average is C$0.30.
About Power Metals
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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