Plateau Energy Metals (CVE:PLU) Trading Down 3% – Should You Sell?

Plateau Energy Metals Inc. (CVE:PLUGet Free Report)’s stock price traded down 3% during trading on Friday . The company traded as low as C$0.64 and last traded at C$0.65. 1,237,383 shares were traded during trading, an increase of 165% from the average session volume of 466,979 shares. The stock had previously closed at C$0.67.

Plateau Energy Metals Price Performance

The business has a 50-day moving average price of C$0.65 and a 200 day moving average price of C$0.65. The company has a market cap of C$75.94 million and a price-to-earnings ratio of -13.27. The company has a current ratio of 0.36, a quick ratio of 0.30 and a debt-to-equity ratio of 43.71.

About Plateau Energy Metals

(Get Free Report)

Plateau Energy Metals Inc, a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for lithium and uranium deposits. It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno District of southeastern Peru.

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