Power Metals (CVE:PWM) Trading Up 4% – Still a Buy?

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price rose 4% on Thursday . The stock traded as high as C$0.53 and last traded at C$0.52. Approximately 48,888 shares traded hands during trading, a decline of 72% from the average session volume of 176,297 shares. The stock had previously closed at C$0.50.

Power Metals Price Performance

The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.80 and a current ratio of 0.07. The firm has a market cap of C$90.75 million, a price-to-earnings ratio of -52.00 and a beta of -0.06. The stock’s 50 day simple moving average is C$0.62 and its 200-day simple moving average is C$0.57.

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. The company also has an option agreement to acquire 100% interests in the Paterson Lake property consisting of 106 cell claims located in northwestern Ontario; and holds Gullwing-Tot Lake property that consists of 112 cell claims located in northwestern Ontario.

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