Purepoint Uranium Group (CVE:PTU) Hits New 12-Month Low – Here’s What Happened

Shares of Purepoint Uranium Group Inc. (CVE:PTUGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.31 and last traded at C$0.33, with a volume of 20154 shares traded. The stock had previously closed at C$0.33.

Purepoint Uranium Group Stock Performance

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 firm’s 50-day moving average is C$0.36 and its two-hundred day moving average is C$0.45. The stock has a market cap of C$26.19 million, a price-to-earnings ratio of -2.75 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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