Purepoint Uranium Group Inc. (CVE:PTU) Director Christopher John Frostad purchased 190,376 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was purchased at an average cost of C$0.09 per share, for a total transaction of C$17,133.84. Following the acquisition, the director now owns 4,372,576 shares of the company’s stock, valued at approximately C$393,531.84.

Purepoint Uranium Group stock opened at C$0.08 on Tuesday. The firm has a market capitalization of $17.17 million and a PE ratio of -10.00. Purepoint Uranium Group Inc. has a fifty-two week low of C$0.06 and a fifty-two week high of C$0.11.

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About Purepoint Uranium Group

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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