Pure Energy Minerals (CVE:PE) Stock Price Up 8.8% – Here’s Why

Pure Energy Minerals Limited (CVE:PE)’s stock price shot up 8.8% on Monday . The stock traded as high as C$0.31 and last traded at C$0.31. 8,365 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 17,784 shares. The stock had previously closed at C$0.29.

Pure Energy Minerals Stock Up 8.8%

The stock has a market cap of C$10.53 million, a P/E ratio of -31.00 and a beta of -1.35. The stock has a fifty day simple moving average of C$0.26 and a 200-day simple moving average of C$0.23.

About Pure Energy Minerals

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.