Pure Gold Mining (LON:PUR) Sets New 1-Year Low at $51.50

Pure Gold Mining Inc. (LON:PUR)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as GBX 51.50 ($0.67) and last traded at GBX 51.48 ($0.67), with a volume of 214952 shares traded. The stock had previously closed at GBX 55 ($0.72).

The business’s fifty day simple moving average is GBX 66.71 and its 200 day simple moving average is GBX 89.29. The company has a current ratio of 1.07, a quick ratio of 0.84 and a debt-to-equity ratio of 168.08. The stock has a market cap of £213.04 million and a P/E ratio of -11.98.

About Pure Gold Mining (LON:PUR)

Pure Gold Mining Inc engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. Its principal property is the Pure Gold Red Lake Gold project comprises 251 mining leases, mining patents, and unpatented mining claims covering an area of approximately 4,700 hectares located near Red Lake, Ontario.

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