Pure Energy Minerals (CVE:PE) Hits New 52-Week Low – Time to Sell?

Shares of Pure Energy Minerals Limited (CVE:PEGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.24 and last traded at C$0.24, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.23.

Pure Energy Minerals Stock Performance

The business’s 50-day moving average is C$0.25 and its two-hundred day moving average is C$0.28. The firm has a market capitalization of C$8.15 million, a price-to-earnings ratio of -8.65 and a beta of 0.89.

Pure Energy Minerals Company Profile

(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.

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