Power Metals (CVE:PWM) Shares Down 6.2% – Should You Sell?

Power Metals Corp. (CVE:PWMGet Free Report)’s stock price dropped 6.2% during trading on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 95,004 shares traded hands during 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 Trading Down 6.2 %

The firm has a market capitalization of C$66.67 million, a PE ratio of -22.50 and a beta of 0.83. The firm has a fifty day moving average of C$0.42 and a 200 day moving average of 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.

Power Metals Company Profile

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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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