Plateau Energy Metals Inc. (PLU.V) (CVE:PLU) traded down 18.6% during mid-day trading on Thursday . The company traded as low as C$0.35 and last traded at C$0.35. 1,067,557 shares were traded during mid-day trading, an increase of 1,022% from the average session volume of 95,115 shares. The stock had previously closed at C$0.43.
The business’s 50-day moving average price is C$0.29 and its 200-day moving average price is C$0.27. The company has a quick ratio of 1.22, a current ratio of 1.31 and a debt-to-equity ratio of 43.71. The firm has a market capitalization of C$38.31 million and a PE ratio of -5.79.
About Plateau Energy Metals Inc. (PLU.V) (CVE:PLU)
Plateau Energy Metals Inc, a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Peru. The company explores for lithium and uranium deposits. It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno District of southeastern Peru.
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