Pure Energy Minerals Limited (OTCMKTS:PEMIF) Short Interest Update

Pure Energy Minerals Limited (OTCMKTS:PEMIF) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 20,800 shares, a growth of 1,055.6% from the November 30th total of 1,800 shares. Based on an average daily volume of 92,100 shares, the short-interest ratio is currently 0.2 days.

Pure Energy Minerals Stock Performance

OTCMKTS:PEMIF traded down $0.01 during midday trading on Thursday, reaching $0.19. 21,282 shares of the stock traded hands, compared to its average volume of 22,344. The company has a fifty day moving average of $0.22 and a 200 day moving average of $0.22. Pure Energy Minerals has a 12 month low of $0.15 and a 12 month high of $0.40. The stock has a market capitalization of $6.59 million, a P/E ratio of -6.47 and a beta of 1.15.

Pure Energy Minerals (OTCMKTS:PEMIF) last released its quarterly earnings results on Tuesday, October 22nd. The basic materials company reported ($0.01) earnings per share for the quarter. Pure Energy Minerals had a negative net margin of 152.74% and a negative return on equity of 2.32%. The firm had revenue of $0.10 million for the quarter.

Pure Energy Minerals Company Profile

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.