Plateau Energy Metals (CVE:PLU) Stock Price Down 3% – Here’s What Happened

Shares of Plateau Energy Metals Inc. (CVE:PLU – Get Free Report) dropped 3% during trading on Tuesday. The stock traded as low as C$0.64 and last traded at C$0.65. Approximately 1,237,383 shares were traded during trading, an increase of 165% from the average daily volume of 466,979 shares. The stock had previously closed at C$0.67.

Plateau Energy Metals Stock Performance

The stock has a market cap of C$75.94 million and a P/E ratio of -13.27. The company has a debt-to-equity ratio of 43.71, a current ratio of 0.36 and a quick ratio of 0.29. The stock’s 50 day simple moving average is C$0.65 and its two-hundred day simple moving average is C$0.65.

About Plateau Energy Metals

(Get Free Report)

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. The company also holds a total of 151 mining concessions covering approximately 93,000 hectares on the Macusani Plateau in Peru. The company was formerly known as Plateau Uranium Inc and changed its name to Plateau Energy Metals Inc in March 2018.

Further Reading

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