Power Metallic Mines (OTCMKTS:PNPNF) Trading Down 1.8% – Time to Sell?

Power Metallic Mines Inc. (OTCMKTS:PNPNFGet Free Report)’s share price dropped 1.8% on Thursday . The company traded as low as $0.7135 and last traded at $0.7270. 102,339 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 138,021 shares. The stock had previously closed at $0.74.

Power Metallic Mines Stock Performance

The company’s 50-day moving average price is $0.87. The company has a market capitalization of $189.09 million and a price-to-earnings ratio of -6.06.

Power Metallic Mines (OTCMKTS:PNPNFGet Free Report) last released its earnings results on Monday, June 1st. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. On average, equities research analysts forecast that Power Metallic Mines Inc. will post -0.16 EPS for the current fiscal year.

Power Metallic Mines Company Profile

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Power Metallic Mines Inc is an exploration company focused on advancing the Nisk Project Area a nickel-copper-PGE, gold and silver. Power Metallic Mines Inc is based in TORONTO.

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