Pure Energy Minerals (CVE:PE) Hits New 12-Month High – Time to Buy?

Shares of Pure Energy Minerals Limited (CVE:PEGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$0.38 and last traded at C$0.36, with a volume of 8183 shares trading hands. The stock had previously closed at C$0.37.

Pure Energy Minerals Price Performance

The business has a 50 day moving average of C$0.30 and a 200 day moving average of C$0.26. The firm has a market capitalization of C$12.74 million, a price-to-earnings ratio of -37.50 and a beta of -2.30.

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. Pure Energy Minerals Limited is headquartered in Vancouver, Canada.

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