Pure Energy Minerals (CVE:PE) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Pure Energy Minerals Limited (CVE:PEGet Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.30 and traded as low as C$0.29. Pure Energy Minerals shares last traded at C$0.29, with a volume of 1,000 shares.

Pure Energy Minerals Stock Performance

The company has a current ratio of 7.70, a quick ratio of 2.35 and a debt-to-equity ratio of 2.52. The company has a market cap of C$9.68 million, a P/E ratio of -14.25 and a beta of 0.89. The business’s 50 day simple moving average is C$0.30 and its 200 day simple moving average is C$0.30.

Pure Energy Minerals (CVE:PEGet Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported C($0.01) EPS for the quarter. The firm had revenue of C$0.14 million for the quarter. Pure Energy Minerals had a negative net margin of 138.43% and a negative return on equity of 2.11%.

Pure Energy Minerals Company Profile

(Get Free Report)

Pure Energy Minerals Limited acquires, explores, and develops mineral properties. Its primary project is the Clayton Valley lithium brine project located in Clayton Valley, Esmeralda County, Nevada. The company was formerly known as Harmony Gold Corp. and changed its name to Pure Energy Minerals Limited in October 2012.

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