Pure Energy Minerals (CVE:PE) Hits New 12-Month High – Here’s What Happened

Pure Energy Minerals Limited (CVE:PEGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.48 and last traded at C$0.48, with a volume of 6862 shares trading hands. The stock had previously closed at C$0.45.

Pure Energy Minerals Stock Up 6.7%

The company has a market capitalization of C$16.30 million, a price-to-earnings ratio of -46.00 and a beta of -2.30. The stock’s 50-day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.28.

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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