Pure Energy Minerals (CVE:PE) Sets New 1-Year High – Here’s Why

Pure Energy Minerals Limited (CVE:PE)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.43 and last traded at C$0.43, with a volume of 31192 shares trading hands. The stock had previously closed at C$0.35.

Pure Energy Minerals Stock Up 25.7%

The stock’s 50-day simple moving average is C$0.31 and its 200 day simple moving average is C$0.27. The firm has a market cap of C$14.95 million, a P/E ratio of -44.00 and a beta of -2.30.

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.