Power Metals (CVE:PWM) Stock Price Down 6.2% – What’s Next?

Shares of Power Metals Corp. (CVE:PWMGet Free Report) were down 6.2% during mid-day trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.45. Approximately 95,004 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 100,489 shares. The stock had previously closed at C$0.48.

Power Metals Stock Up 1.1 %

The business’s 50 day simple moving average is C$0.42 and its 200-day simple moving average is C$0.34. 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 cap of C$67.41 million, a price-to-earnings ratio of -22.75 and a beta of 0.83.

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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