Purepoint Uranium Group (CVE:PTU) Sets New 1-Year Low – Here’s What Happened

Purepoint Uranium Group Inc. (CVE:PTU)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.30 and last traded at C$0.31, with a volume of 8857 shares trading hands. The stock had previously closed at C$0.31.

Purepoint Uranium Group Stock Performance

The company has a market cap of C$24.61 million, a P/E ratio of -2.58 and a beta of 0.31. The company has a quick ratio of 9.30, a current ratio of 4.26 and a debt-to-equity ratio of 12.75. The stock has a 50 day moving average price of C$0.38 and a two-hundred day moving average price of C$0.45.

About Purepoint Uranium Group

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.