Plateau Energy Metals (CVE:PLU) Shares Down 3% – Here’s Why

Plateau Energy Metals Inc. (CVE:PLUGet Free Report)’s stock price was down 3% during trading on Friday . The stock traded as low as C$0.64 and last traded at C$0.65. 1,237,383 shares were traded during mid-day trading, an increase of 165% from the average session volume of 466,979 shares. The stock had previously closed at C$0.67.

Plateau Energy Metals Stock Down 3.0 %

The firm has a market cap of C$75.94 million and a PE ratio of -13.27. The company has a quick ratio of 0.30, a current ratio of 0.36 and a debt-to-equity ratio of 43.71. The business has a 50-day moving average price of C$0.65 and a two-hundred day moving average price of C$0.65.

About Plateau Energy Metals

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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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