Could Pure Energy Minerals Ltd See a Reversal After This Very Strong Session?

 Could Pure Energy Minerals Ltd See a Reversal After This Very Strong Session?

The stock of Pure Energy Minerals Ltd (CVE:PE) is a huge mover today! About 214,980 shares traded hands. Pure Energy Minerals Ltd (CVE:PE) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 9 months positive chart setup for the $44.37M company. It was reported on Oct, 17 by We have $1.45 PT which if reached, will make CVE:PE worth $51.47M more.

More notable recent Pure Energy Minerals Ltd (CVE:PE) news were published by: which released: “Pure Energy Minerals Ltd. Announces US Stock Ticker Change to PEMIF” on August 16, 2016, also with their article: “Pure Energy Minerals Provides Update on Mini-Pilot Plant Work for Lithium …” published on August 09, 2016, published: “Pure Energy Minerals Completes Successful Lithium Brine Pumping Test at …” on October 12, 2016. More interesting news about Pure Energy Minerals Ltd (CVE:PE) were released by: and their article: “Pure Energy Minerals Ltd. Announces Lithium Supply Agreement” published on September 16, 2015 as well as‘s news article titled: “Esmeralda Minerals LLC, a Subsidiary of Pure Energy Minerals Ltd., Provides …” with publication date: January 27, 2016.

Pure Energy Minerals Ltd is a Canada natural resource company. The company has a market cap of $44.37 million. The Firm is engaged in the acquisition, exploration and development of mineral properties. It currently has negative earnings. The Firm is an integrated exploration and processing developer with a focus on sustainable lifecycle solutions for lithium supply in North America.

PE Company Profile

Parsley Energy, Inc., incorporated on December 11, 2013, is an independent oil and natural gas company. The Firm is focused on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and comprises over three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin. The Company’s properties are primarily located in the Midland and Delaware Basins and its activities have been focused on the vertical development of the Spraberry, Wolfberry and Wolftoka Trends of the Midland Basin. The Company’s vertical wells in the Permian Basin are drilled into stacked pay zones that include the Spraberry, Wolfcamp, Upper Pennsylvanian (Cline), Strawn, Atoka and Mississippian formations.

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