Purepoint Uranium Group (CVE:PTU) Shares Down 14.3%

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Shares of Purepoint Uranium Group Inc. (CVE:PTU) fell 14.3% during trading 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 stock has a market capitalization of $15.64 million and a PE ratio of -5.00. The firm’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05. The company has a quick ratio of 2.36, a current ratio of 2.54 and a debt-to-equity ratio of 10.96.

Purepoint Uranium Group Company Profile (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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