Purepoint Uranium Group (CVE:PTU) Shares Down 2.1% – What’s Next?

Purepoint Uranium Group Inc. (CVE:PTU)’s share price traded down 2.1% during trading on Tuesday . The stock traded as low as C$0.46 and last traded at C$0.46. 50,003 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 101,132 shares. The stock had previously closed at C$0.47.

Purepoint Uranium Group Stock Performance

The company’s 50-day moving average price is C$0.54 and its two-hundred day moving average price is C$0.47. The company has a market cap of C$31.69 million, a P/E ratio of -5.75 and a beta of 1.10. The company has a current ratio of 1.01, a quick ratio of 9.30 and a debt-to-equity ratio of 131.72.

About Purepoint Uranium Group

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. The company also holds interest in the Smart Lake, Red Willow, Turnor Lake, Henday, Umfreville, Carson Lake, Russell South, Tabbernor Block, and other projects. Purepoint Uranium Group Inc was founded in 2002 and is headquartered in Toronto, Canada.