Purepoint Uranium Group (CVE:PTU) Stock Price Down 10%

Purepoint Uranium Group Inc. (CVE:PTUGet Free Report) was down 10% during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 669,000 shares changed hands during trading, an increase of 86% from the average daily volume of 359,710 shares. The stock had previously closed at C$0.05.

Purepoint Uranium Group Price Performance

The stock has a market cap of C$22.96 million, a price-to-earnings ratio of -1.83 and a beta of 1.89. The company has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. The company has a quick ratio of 9.30, a current ratio of 4.55 and a debt-to-equity ratio of 4.65.

About Purepoint Uranium Group

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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.

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