Pure Energy Minerals (CVE:PE) Stock Price Down 1.7% – Time to Sell?

Pure Energy Minerals Limited (CVE:PE)’s share price was down 1.7% on Friday . The company traded as low as C$0.30 and last traded at C$0.30. Approximately 7,301 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 11,383 shares. The stock had previously closed at C$0.30.

Pure Energy Minerals Stock Performance

The firm has a market cap of C$10.02 million, a price-to-earnings ratio of -14.75 and a beta of 0.89. The company has a debt-to-equity ratio of 2.52, a current ratio of 7.70 and a quick ratio of 2.35. The firm has a fifty day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.31.

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

About Pure Energy Minerals

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.