Pure Energy Minerals (OTCMKTS:PEMIF) Trading Up 8.1% – Here’s Why

Pure Energy Minerals Limited (OTCMKTS:PEMIFGet Free Report) shot up 8.1% during trading on Friday . The company traded as high as $0.22 and last traded at $0.22. 1,226 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 21,392 shares. The stock had previously closed at $0.21.

Pure Energy Minerals Trading Up 8.1 %

The stock has a market capitalization of $7.58 million, a price-to-earnings ratio of -7.44 and a beta of 1.18. The company’s 50 day moving average is $0.22 and its 200 day moving average is $0.23.

Pure Energy Minerals (OTCMKTS:PEMIFGet Free Report) last posted its earnings results on Tuesday, October 22nd. The basic materials company reported ($0.01) EPS for the quarter. The firm had revenue of $0.10 million for the quarter. Pure Energy Minerals had a negative return on equity of 2.32% and a negative net margin of 152.74%.

Pure Energy Minerals Company Profile

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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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