Power Metals (CVE:PWM) Trading Up 21.6% – Still a Buy?

Power Metals Corp. (CVE:PWM) was up 21.6% on Tuesday . The stock traded as high as C$1.47 and last traded at C$1.41. Approximately 1,506,199 shares were traded during trading, an increase of 364% from the average daily volume of 324,861 shares. The stock had previously closed at C$1.16.

Power Metals Stock Up 21.6 %

The company has a market capitalization of C$205.92 million, a P/E ratio of -236.80 and a beta of 0.83. The company has a 50-day moving average of C$0.56 and a two-hundred day moving average of C$0.42.

Insider Activity at Power Metals

In other Power Metals news, Senior Officer Marion Mcgrath sold 31,800 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of C$1.12, for a total value of C$35,616.00. 1.94% of the stock is currently owned by corporate insiders.

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.