Pure Energy Minerals Limited (OTCMKTS:PEMIF) Sees Large Decline in Short Interest

Pure Energy Minerals Limited (OTCMKTS:PEMIF) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 400 shares, a drop of 96.3% from the October 31st total of 10,900 shares. Based on an average trading volume of 57,100 shares, the short-interest ratio is currently 0.0 days.

Pure Energy Minerals Stock Up 2.1 %

Shares of PEMIF stock traded up $0.00 during trading hours on Thursday, hitting $0.22. 12,153 shares of the company’s stock traded hands, compared to its average volume of 21,211. The stock’s 50 day simple moving average is $0.22 and its 200 day simple moving average is $0.23. Pure Energy Minerals has a 12 month low of $0.15 and a 12 month high of $0.41. The stock has a market cap of $7.47 million, a PE ratio of -7.33 and a beta of 1.18.

Pure Energy Minerals (OTCMKTS:PEMIF) last released its quarterly earnings results on Tuesday, October 22nd. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.10 million during the quarter. Pure Energy Minerals had a negative return on equity of 2.32% and a negative net margin of 152.74%.

Pure Energy Minerals Company Profile

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.