Power Metals Corp. (CVE:PWM – Get Free Report)’s share price reached a new 52-week low on Thursday. The company traded as low as C$0.39 and last traded at C$0.41, with a volume of 176,806 shares changing hands. The stock had previously closed at C$0.41.
Power Metals Trading Up 7.5%
The firm has a 50-day simple moving average of C$0.52 and a 200-day simple moving average of C$0.55. The company has a quick ratio of 1.80, a current ratio of 0.07 and a debt-to-equity ratio of 1.98. The stock has a market cap of C$75.04 million, a PE ratio of -43.00 and a beta of -0.30.
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. 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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