Purepoint Uranium Group Inc. (CVE:PTU)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 186922 shares changing hands. The stock had previously closed at C$0.06.

The firm’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. The company has a market capitalization of $12.89 million and a price-to-earnings ratio of -10.00.

About Purepoint Uranium Group (CVE:PTU)

Purepoint Uranium Group Inc, a uranium exploration company, engages in the acquisition, exploration, and development of properties for producing uranium in Canada. The company has interests in Hook Lake, Smart Lake, Red Willow, Turnor Lake, Umfreville, Henday Lake, McArthur East, Rene Lake, Shearwater, and Langley Lake properties, which are located at the Athabasca Basin, Northern Saskatchewan.

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