Plateau Energy Metals (CVE:PLU) Trading 2% Higher

Plateau Energy Metals Inc (CVE:PLU) traded up 2% during trading on Tuesday . The company traded as high as C$0.26 and last traded at C$0.26, 110,500 shares were traded during trading. An increase of 60% from the average session volume of 69,143 shares. The stock had previously closed at C$0.26.

Separately, Echelon Wealth Partners reiterated a “speculative buy” rating on shares of Plateau Energy Metals in a research report on Friday, July 12th.

The stock has a market capitalization of $22.24 million and a P/E ratio of -2.13. The business has a 50-day moving average price of C$0.27 and a 200 day moving average price of C$0.50.

In other news, insider Robert Disbrow sold 100,000 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of C$0.26, for a total transaction of C$26,000.00. Following the completion of the transaction, the insider now directly owns 6,694,164 shares in the company, valued at approximately C$1,740,482.64.

Plateau Energy Metals Company Profile (CVE:PLU)

Plateau Energy Metals Inc, a junior resource company, acquires, explores for, and evaluates mineral resource properties in Peru. The company explores for lithium and uranium deposits. It holds interests in 149 mining concessions covering approximately 91,000 hectares on the Macusani Plateau in southeastern Peru.

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