Pure Energy Minerals (CVE:PE) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Shares of Pure Energy Minerals Limited (CVE:PEGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.23 and traded as low as C$0.23. Pure Energy Minerals shares last traded at C$0.23, with a volume of 2,100 shares changing hands.

Pure Energy Minerals Price Performance

The company has a fifty day moving average of C$0.23 and a 200 day moving average of C$0.22. The firm has a market capitalization of C$7.81 million, a P/E ratio of -23.00 and a beta of -0.72.

About Pure Energy Minerals

(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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