Shares of Pure Energy Minerals Limited (OTCMKTS:PEMIF – Get Free Report) were up 8.1% on Friday . The company traded as high as $0.22 and last traded at $0.22. Approximately 1,226 shares changed hands during trading, a decline of 94% from the average daily volume of 21,392 shares. The stock had previously closed at $0.21.
Pure Energy Minerals Stock Performance
The business’s 50 day moving average is $0.22 and its 200 day moving average is $0.23. The company has a market capitalization of $7.58 million, a price-to-earnings ratio of -7.44 and a beta of 1.18.
Pure Energy Minerals (OTCMKTS:PEMIF – Get Free Report) last released its earnings results on Tuesday, October 22nd. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter. Pure Energy Minerals had a negative net margin of 152.74% and a negative return on equity of 2.32%. The firm had revenue of $0.10 million during the quarter.
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.
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