Pure Energy Minerals (CVE:PE) Hits New 52-Week Low at $0.04

Pure Energy Minerals Ltd (CVE:PE)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 210000 shares changing hands. The stock had previously closed at C$0.04.

The firm has a market capitalization of $7.61 million and a price-to-earnings ratio of -5.00. The stock’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.07. The company has a quick ratio of 1.56, a current ratio of 1.63 and a debt-to-equity ratio of 2.52.

Pure Energy Minerals Company Profile (CVE:PE)

Pure Energy Minerals Limited engages in the acquisition, exploration, and development of mineral properties. The company's primary project is the Clayton Valley lithium brine project with 1,085 lithium placer claims covering approximately 10,600 hectares (ha) located in Clayton Valley, Esmeralda County, Nevada.

Read More: What are Bollinger Bands?

Receive News & Ratings for Pure Energy Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pure Energy Minerals and related companies with MarketBeat.com's FREE daily email newsletter.