Purepoint Uranium Group (CVE:PTU) Sets New 12-Month Low – Time to Sell?

Shares of Purepoint Uranium Group Inc. (CVE:PTU – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.30 and last traded at C$0.30, with a volume of 18159 shares. The stock had previously closed at C$0.31.

Purepoint Uranium Group Trading Down 1.6%

The stock’s fifty day simple moving average is C$0.34 and its 200 day simple moving average is C$0.38. The company has a quick ratio of 9.30, a current ratio of 3.81 and a debt-to-equity ratio of 16.37. The firm has a market capitalization of C$24.21 million, a PE ratio of -2.54 and a beta of 0.70.

Purepoint Uranium Group Company Profile

(Get Free Report)

Purepoint Uranium Group Inc, a uranium exploration company, engages in the acquisition, exploration, and development of uranium properties in Canada. Its flagship project is the Hook Lake uranium project that consists of 9 claims covers an area of 28,598 hectares located in the Athabasca Basin, Northern Saskatchewan. The company also holds interest in the Smart Lake, Red Willow, Turnor Lake, Henday, Umfreville, Carson Lake, Russell South, Tabbernor Block, and other projects. Purepoint Uranium Group Inc was founded in 2002 and is headquartered in Toronto, Canada.

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