Purepoint Uranium Group (CVE:PTU) Stock Price Down 14.3%

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Purepoint Uranium Group Inc. (CVE:PTU) fell 14.3% on Friday . The company traded as low as C$0.03 and last traded at C$0.03, 3,039,700 shares changed hands during mid-day trading. An increase of 948% from the average session volume of 290,106 shares. The stock had previously closed at C$0.04.

The firm has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a current ratio of 2.54, a quick ratio of 2.36 and a debt-to-equity ratio of 10.96. The company has a market capitalization of $15.64 million and a PE ratio of -5.00.

About Purepoint Uranium Group (CVE:PTU)

Purepoint Uranium Group Inc, a uranium exploration company, engages in the acquisition, exploration, and development of properties for producing uranium in Canada. The company has interests in Hook Lake, Smart Lake, Red Willow, Turnor Lake, Umfreville, Henday Lake, McArthur East, Rene Lake, Shearwater, and Langley Lake properties, which are located at the Athabasca Basin, Northern Saskatchewan.

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