Pure Energy Minerals (OTCMKTS:PEMIF) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Pure Energy Minerals Limited (OTCMKTS:PEMIFGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.20 and traded as low as $0.18. Pure Energy Minerals shares last traded at $0.18, with a volume of 21,735 shares trading hands.

Pure Energy Minerals Price Performance

The company’s 50 day simple moving average is $0.20 and its 200 day simple moving average is $0.21. The company has a market capitalization of $6.25 million, a PE ratio of -6.13 and a beta of 1.18.

About Pure Energy Minerals

(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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