Purepoint Uranium Group (CVE:PTU) Shares Up 2.8% – Here’s What Happened

Shares of Purepoint Uranium Group Inc. (CVE:PTUGet Free Report) rose 2.8% during trading on Tuesday . The stock traded as high as C$0.36 and last traded at C$0.36. 33,711 shares were traded during mid-day trading, a decline of 71% from the average session volume of 114,870 shares. The stock had previously closed at C$0.35.

Purepoint Uranium Group Stock Up 1.4%

The company has a quick ratio of 9.30, a current ratio of 3.81 and a debt-to-equity ratio of 16.37. The company has a market capitalization of C$28.97 million, a PE ratio of -3.04 and a beta of 0.70. The company’s 50 day moving average is C$0.33 and its two-hundred day moving average is C$0.39.

Purepoint Uranium Group Company Profile

(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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