Pure Energy Minerals (CVE:PE) Reaches New 12-Month Low at $0.35

Shares of Pure Energy Minerals Limited (CVE:PE) hit a new 52-week low on Thursday . The stock traded as low as C$0.35 and last traded at C$0.35, with a volume of 21370 shares traded. The stock had previously closed at C$0.36.

Pure Energy Minerals Trading Down 2.8 %

The firm has a market cap of C$11.89 million, a price-to-earnings ratio of -18.00 and a beta of 0.74. The company’s 50-day moving average price is C$0.39 and its 200-day moving average price is C$0.51. 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 issued its quarterly earnings results on Thursday, February 29th. The company reported C($0.01) earnings per share for the quarter. Pure Energy Minerals had a negative net margin of 114.72% and a negative return on equity of 1.75%. The company had revenue of C$0.14 million during the quarter.

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.