Purepoint Uranium Group Inc. (CVE:PTU – Get Free Report) traded down 14.8% during trading on Wednesday. The stock traded as low as C$0.26 and last traded at C$0.26. 115,108 shares changed hands during mid-day trading, an increase of 4% from the average daily volume of 110,634 shares. The stock had previously closed at C$0.30.
Purepoint Uranium Group Stock Performance
The company has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.38. The stock has a market capitalization of C$20.64 million, a P/E ratio of -2.17 and a beta of 0.70. The company has a quick ratio of 9.30, a current ratio of 3.81 and a debt-to-equity ratio of 16.37.
About Purepoint Uranium Group
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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