Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$0.38 and last traded at C$0.38, with a volume of 110,135 shares changing hands. The stock had previously closed at C$0.42.
Power Metals Stock Performance
The company has a market capitalization of C$73.42 million, a PE ratio of -4.67 and a beta of -0.59. The company has a debt-to-equity ratio of 5.13, a quick ratio of 1.80 and a current ratio of 0.04. The business’s 50-day moving average is C$0.45 and its 200-day moving average is C$0.55.
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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