Power Metals Corp. (CVE:PWM – Get Free Report)’s stock price reached a new 52-week low on Thursday. The stock traded as low as C$0.38 and last traded at C$0.40, with a volume of 66,969 shares. The stock had previously closed at C$0.40.
Power Metals Price Performance
The company’s 50 day moving average price is C$0.44 and its 200-day moving average price is C$0.55. The stock has a market cap of C$67.30 million, a P/E ratio of -4.28 and a beta of -0.59. The company has a quick ratio of 1.80, a current ratio of 0.04 and a debt-to-equity ratio of 5.13.
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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