Pure Energy Minerals (CVE:PE) Trading Down 1.7% – Should You Sell?

Pure Energy Minerals Limited (CVE:PEGet Free Report)’s stock price dropped 1.7% during trading on Friday . The stock traded as low as C$0.30 and last traded at C$0.30. Approximately 7,301 shares were traded during trading, a decline of 36% from the average daily volume of 11,383 shares. The stock had previously closed at C$0.30.

Pure Energy Minerals Stock Performance

The company has a debt-to-equity ratio of 2.52, a current ratio of 7.70 and a quick ratio of 2.35. The stock has a market cap of C$10.02 million, a P/E ratio of -14.75 and a beta of 0.89. The company has a fifty day moving average of C$0.30 and a 200 day moving average of C$0.31.

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

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.

Featured Stories

Receive News & Ratings for Pure Energy Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pure Energy Minerals and related companies with MarketBeat.com's FREE daily email newsletter.