Pure Energy Minerals (CVE:PE) Reaches New 12-Month Low – Time to Sell?

Pure Energy Minerals Limited (CVE:PEGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.23 and last traded at C$0.22, with a volume of 29500 shares. The stock had previously closed at C$0.23.

Pure Energy Minerals Price Performance

The firm’s 50 day moving average price is C$0.25 and its 200-day moving average price is C$0.28. The firm has a market cap of C$7.47 million, a price-to-earnings ratio of -7.93 and a beta of 0.89.

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.

Further Reading

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