Power Metals Corp. (CVE:PWM – Get Free Report)’s share price hit a new 52-week low on Wednesday. The stock traded as low as C$0.39 and last traded at C$0.39, with a volume of 87,321 shares. The stock had previously closed at C$0.39.
Power Metals Trading Up 1.3%
The company has a market cap of C$67.19 million, a P/E ratio of -38.50 and a beta of -0.30. The firm’s 50 day moving average is C$0.50 and its two-hundred day moving average is C$0.54. The company has a quick ratio of 1.80, a current ratio of 0.07 and a debt-to-equity ratio of 1.98.
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. 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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