Plateau Energy Metals (CVE:PLU) Reaches New 12-Month Low at $0.26

Plateau Energy Metals Inc (CVE:PLU) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.26 and last traded at C$0.33, with a volume of 1798407 shares traded. The stock had previously closed at C$0.48.

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

The business has a 50-day simple moving average of C$0.59. The stock has a market capitalization of $23.07 million and a PE ratio of -2.38.

Plateau Energy Metals (CVE:PLU) last posted its quarterly earnings results on Wednesday, May 22nd. The company reported C($0.02) earnings per share (EPS) for the quarter. On average, analysts anticipate that Plateau Energy Metals Inc will post -0.07 earnings per share for the current year.

About Plateau Energy Metals (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.

Read More: Return on Investment (ROI)

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