Pure Energy Minerals (OTCMKTS:PEMIF) Trading Up 8.1% – Here’s What Happened

Pure Energy Minerals Limited (OTCMKTS:PEMIFGet Free Report) rose 8.1% during mid-day trading on Friday . The stock traded as high as $0.22 and last traded at $0.22. Approximately 1,226 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 21,392 shares. The stock had previously closed at $0.21.

Pure Energy Minerals Price Performance

The firm has a fifty day moving average price of $0.22 and a two-hundred day moving average price of $0.23. The stock has a market capitalization of $7.58 million, a PE ratio of -7.44 and a beta of 1.18.

Pure Energy Minerals (OTCMKTS:PEMIFGet Free Report) last issued its earnings results on Tuesday, October 22nd. The basic materials company reported ($0.01) earnings per share for the quarter. The firm had revenue of $0.10 million during the quarter. Pure Energy Minerals had a negative return on equity of 2.32% and a negative net margin of 152.74%.

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.

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