Purepoint Uranium Group (CVE:PTU) Shares Down 5.7% – What’s Next?

Purepoint Uranium Group Inc. (CVE:PTUGet Free Report)’s stock price was down 5.7% on Tuesday . The stock traded as low as C$0.33 and last traded at C$0.33. 85,155 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 137,025 shares. The stock had previously closed at C$0.35.

Purepoint Uranium Group Trading Down 5.7%

The company has a debt-to-equity ratio of 12.75, a quick ratio of 9.30 and a current ratio of 4.26. The firm has a market capitalization of C$26.19 million, a PE ratio of -2.75 and a beta of 0.22. The stock’s 50-day simple moving average is C$0.40 and its 200-day simple moving average is C$0.46.

About Purepoint Uranium Group

(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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