Pure Energy Minerals (CVE:PE) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Pure Energy Minerals Limited (CVE:PEGet Free Report)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.25 and traded as low as C$0.24. Pure Energy Minerals shares last traded at C$0.24, with a volume of 1,000 shares trading hands.

Pure Energy Minerals Trading Down 4.0 %

The business’s fifty day simple moving average is C$0.25 and its 200 day simple moving average is C$0.28. The stock has a market cap 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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