Purepoint Uranium Group (CVE:PTU) Hits New 1-Year Low – Time to Sell?

Purepoint Uranium Group Inc. (CVE:PTUGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 375150 shares changing hands. The stock had previously closed at C$0.03.

Purepoint Uranium Group Stock Performance

The company has a debt-to-equity ratio of 6.91, a current ratio of 2.65 and a quick ratio of 9.30. The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market capitalization of C$12.52 million, a price-to-earnings ratio of -2.50 and a beta of 1.68.

Purepoint Uranium Group (CVE:PTUGet Free Report) last posted its earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter.

Purepoint Uranium Group Company Profile

(Get Free Report)

Purepoint Uranium Group Inc, a uranium exploration company, engages in the acquisition, exploration, and development of uranium properties in Canada. Its flagship project is the Hook Lake uranium project that consists of 9 claims covers an area of 28,598 hectares located in the Athabasca Basin, Northern Saskatchewan.

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