Pure Energy Minerals (CVE:PE) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Pure Energy Minerals Limited (CVE:PE)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.30 and traded as low as C$0.29. Pure Energy Minerals shares last traded at C$0.29, with a volume of 1,000 shares changing hands.

Pure Energy Minerals Stock Down 10.9 %

The company has a quick ratio of 2.35, a current ratio of 7.70 and a debt-to-equity ratio of 2.52. The company has a 50 day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.30. The company has a market capitalization of C$9.68 million, a P/E ratio of -14.25 and a beta of 0.89.

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