Purepoint Uranium Group (CVE:PTU) Sets New 52-Week Low – What’s Next?

Purepoint Uranium Group Inc. (CVE:PTUGet Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as C$0.31 and last traded at C$0.32, with a volume of 24581 shares trading hands. The stock had previously closed at C$0.32.

Purepoint Uranium Group Trading Up 1.6%

The company has a current ratio of 4.26, a quick ratio of 9.30 and a debt-to-equity ratio of 12.75. The company has a fifty day moving average of C$0.39 and a two-hundred day moving average of C$0.46. The stock has a market capitalization of C$25.40 million, a price-to-earnings ratio of -2.67 and a beta of 0.31.

About Purepoint Uranium Group

(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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