Purepoint Uranium Group (CVE:PTU) Trading Down 20% – Here’s Why

Purepoint Uranium Group Inc. (CVE:PTUGet Free Report) traded down 20% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 124,000 shares changed hands during trading, a decline of 77% from the average session volume of 548,914 shares. The stock had previously closed at C$0.03.

Purepoint Uranium Group Stock Performance

The business has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The firm has a market cap of C$10.02 million, a PE ratio of -2.50 and a beta of 1.69. The company has a quick ratio of 9.30, a current ratio of 2.65 and a debt-to-equity ratio of 6.91.

Purepoint Uranium Group (CVE:PTUGet Free Report) last issued its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Purepoint Uranium Group

(Get Free Report)

Purepoint Uranium Group Inc, a uranium exploration company, engages in the acquisition, exploration, and development of uranium properties in Canada. Its flagship project is the Hook Lake uranium project that consists of 9 claims covers an area of 28,598 hectares located in the Athabasca Basin, Northern Saskatchewan.

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