Pure Egy Minrls (OTCMKTS:PEMIF – Get Free Report) crossed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $0.18 and traded as low as $0.15. Pure Egy Minrls shares last traded at $0.15, with a volume of 3,030 shares.
Pure Egy Minrls Stock Down 9.1%
The firm’s fifty day moving average is $0.18 and its 200-day moving average is $0.19.
About Pure Egy Minrls
Pure Energy Minerals Ltd. is a mineral exploration and development company focused on lithium resources. The company’s activities center on identifying and evaluating lithium-bearing brines and advancing projects that could support future lithium production.
Pure Energy Minerals has historically focused on the Clayton Valley Lithium Project in Esmeralda County, Nevada. The project is located in a region with established lithium brine production and is being evaluated through exploration, geological studies and technical work intended to assess the size and quality of its lithium resources.
The company’s principal focus is the development of its mineral properties rather than the sale of commercial products or services.
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