Pure Energy Minerals (OTCMKTS:PEMIF) Shares Cross Below 50-Day Moving Average – Time to Sell?

Pure Energy Minerals Limited (OTCMKTS:PEMIFGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.17 and traded as low as $0.15. Pure Energy Minerals shares last traded at $0.15, with a volume of 1,100 shares.

Pure Energy Minerals Trading Up 14.2 %

The stock has a market capitalization of $6.28 million, a price-to-earnings ratio of -6.17 and a beta of 1.11. The stock has a 50-day simple moving average of $0.17 and a 200 day simple moving average of $0.20.

About Pure Energy Minerals

(Get Free Report)

Pure Energy Minerals Limited acquires, explores, and develops mineral properties. Its primary project is the Clayton Valley lithium brine project located in Clayton Valley, Esmeralda County, Nevada. The company was formerly known as Harmony Gold Corp. and changed its name to Pure Energy Minerals Limited in October 2012.

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