Pure Wafer (LON:PUR) Earns Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Pure Wafer (LON:PUR) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

PUR opened at GBX 128 ($1.58) on Tuesday. The stock has a 50-day moving average price of GBX 84.40 and a 200-day moving average price of GBX 53.76. The company has a quick ratio of 5.10, a current ratio of 5.15 and a debt-to-equity ratio of 38.71. Pure Wafer has a 1 year low of GBX 25.05 ($0.31) and a 1 year high of GBX 132 ($1.62).

Pure Wafer Company Profile

Pure Gold Mining Inc, an exploration stage company, engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. It primarily holds a 100% interest in the Madsen Gold project comprising 251 mining claims that covers an area of approximately 4,648 hectares located in the prolific Red Lake gold camp of Northwestern Ontario.

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