Pure Energy Minerals (OTCMKTS:PEMIF) Shares Cross Below 50-Day Moving Average – Time to Sell?

Pure Energy Minerals Limited (OTCMKTS:PEMIFGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.22 and traded as low as $0.22. Pure Energy Minerals shares last traded at $0.24, with a volume of 12,539 shares trading hands.

Pure Energy Minerals Price Performance

The stock has a market capitalization of $8.01 million, a PE ratio of -11.79 and a beta of 1.18. The firm has a fifty day moving average price of $0.22 and a two-hundred day moving average price of $0.24.

Pure Energy Minerals Company Profile

(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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