Power Metals (CVE:PWM) Sets New 12-Month High – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.49 and last traded at C$0.48, with a volume of 254056 shares traded. The stock had previously closed at C$0.46.

Power Metals Stock Up 7.7 %

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 capitalization of C$72.60 million, a PE ratio of -24.25 and a beta of 0.83. The business’s 50-day simple moving average is C$0.41 and its 200-day simple moving average is C$0.32.

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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