Pure Energy Minerals (CVE:PE) Stock Price Down 7.1%

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Shares of Pure Energy Minerals Ltd (CVE:PE) traded down 7.1% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07, 4,000 shares changed hands during trading. A decline of 96% from the average session volume of 96,599 shares. The stock had previously closed at C$0.07.

The firm has a market cap of $14.27 million and a price-to-earnings ratio of -1.81. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.06 and a current ratio of 0.08. The business has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.09.

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.

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