Pure Energy Minerals Limited (OTCMKTS:PEMIF) Short Interest Down 98.6% in December

Pure Energy Minerals Limited (OTCMKTS:PEMIF) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 300 shares, a decline of 98.6% from the December 15th total of 20,800 shares. Based on an average trading volume of 57,200 shares, the days-to-cover ratio is presently 0.0 days.

Pure Energy Minerals Stock Up 2.7 %

Shares of OTCMKTS:PEMIF traded up $0.01 on Tuesday, hitting $0.19. 4,118 shares of the company traded hands, compared to its average volume of 23,974. The company has a market cap of $6.59 million, a PE ratio of -6.47 and a beta of 1.18. Pure Energy Minerals has a 52 week low of $0.15 and a 52 week high of $0.38. The stock has a 50 day simple moving average of $0.21 and a 200-day simple moving average of $0.22.

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

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.