Power Metals (CVE:PWM) Trading 2.4% Higher – Time to Buy?

Shares of Power Metals Corp. (CVE:PWMGet Free Report) rose 2.4% on Monday . The company traded as high as C$0.42 and last traded at C$0.42. Approximately 144,910 shares changed hands during trading, a decline of 40% from the average daily volume of 243,467 shares. The stock had previously closed at C$0.41.

Power Metals Price Performance

The stock has a fifty day simple moving average of C$0.40 and a 200-day simple moving average of C$0.32. The company has a market capitalization of C$62.23 million, a PE ratio of -21.00 and a beta of 0.83. The company has a current ratio of 1.84, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14.

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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