Power Metals (CVE:PWM) Shares Down 3.7% – Here’s Why

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price traded down 3.7% on Monday . The company traded as low as C$0.39 and last traded at C$0.39. 110,458 shares were traded during mid-day trading, a decline of 54% from the average session volume of 241,530 shares. The stock had previously closed at C$0.41.

Power Metals Trading Down 3.7 %

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.80 and a current ratio of 1.84. The company has a market capitalization of C$57.78 million, a P/E ratio of -19.50 and a beta of 0.83. The company’s fifty day simple moving average is C$0.37 and its 200-day simple moving average is C$0.31.

About Power Metals

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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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