Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price rose 12.8% during mid-day trading on Wednesday . The company traded as high as C$1.32 and last traded at C$1.32. Approximately 480,461 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 388,419 shares. The stock had previously closed at C$1.17.
Power Metals Trading Up 12.8 %
The stock has a market cap of C$192.78 million, a P/E ratio of -221.68 and a beta of 0.83. The firm’s fifty day moving average is C$0.66 and its 200 day moving average is C$0.47.
Insider Transactions at Power Metals
In other news, Senior Officer Marion Mcgrath sold 31,800 shares of the stock in a transaction that occurred 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.
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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