Purepoint Uranium Group (CVE:PTU) Reaches New 12-Month Low – Here’s What Happened

Purepoint Uranium Group Inc. (CVE:PTUGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as C$0.31 and last traded at C$0.32, with a volume of 24581 shares changing hands. The stock had previously closed at C$0.32.

Purepoint Uranium Group Price Performance

The company has a debt-to-equity ratio of 12.75, a current ratio of 4.26 and a quick ratio of 9.30. The firm has a 50-day moving average of C$0.38 and a 200 day moving average of C$0.46. The stock has a market capitalization of C$24.61 million, a price-to-earnings ratio of -2.58 and a beta of 0.31.

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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