Pure Energy Minerals (CVE:PE) Stock Crosses Below 50 Day Moving Average of $0.40

Pure Energy Minerals Limited (CVE:PE) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.40 and traded as low as C$0.37. Pure Energy Minerals shares last traded at C$0.37, with a volume of 26,625 shares traded.

Pure Energy Minerals Stock Performance

The stock has a market cap of C$12.57 million, a P/E ratio of -18.50 and a beta of 0.74. The business has a 50 day moving average price of C$0.40 and a 200 day moving average price of C$0.53. The company has a quick ratio of 2.35, a current ratio of 8.74 and a debt-to-equity ratio of 2.52.

Pure Energy Minerals (CVE:PE) last released its earnings results on Thursday, February 29th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$0.14 million for the quarter. Pure Energy Minerals had a negative net margin of 114.72% and a negative return on equity of 1.75%.

About Pure Energy Minerals

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.