Purepoint Uranium Group Stock Today

PTU Stock  CAD 0.04  0.01  12.50%   

Performance

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Odds Of Distress

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Purepoint Uranium is selling for under 0.035 as of the 28th of May 2024; that is -12.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.035. Purepoint Uranium has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Purepoint Uranium Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of March 2023 and ending today, the 28th of May 2024. Click here to learn more.
Business Domain
Energy
Purepoint Uranium Group Inc., a uranium exploration company, engages in the acquisition, exploration, and development of properties for producing uranium in Canada. Purepoint Uranium Group Inc. was founded in 2002 and is headquartered in Toronto, Canada. The company has 500.72 M outstanding shares of which 142.19 K shares are at this time shorted by private and institutional investors with about 0.3 days to cover all short positions. More on Purepoint Uranium Group

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Purepoint Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Purepoint Uranium's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Purepoint Uranium or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChristopher Frostad
Business ConcentrationOil, Gas & Consumable Fuels, Uranium, Energy, Energy, Oil, Gas & Consumable Fuels, Uranium, Energy (View all Sectors)
Purepoint Uranium's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Purepoint Uranium's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Purepoint Uranium's financial leverage. It provides some insight into what part of Purepoint Uranium's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Purepoint Uranium's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Purepoint Uranium deploys its capital and how much of that capital is borrowed.
Liquidity
Purepoint Uranium cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 75.23 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Purepoint Uranium has a current ratio of 10.79, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Purepoint Uranium until it has trouble settling it off, either with new capital or with free cash flow. So, Purepoint Uranium's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Purepoint Uranium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Purepoint to invest in growth at high rates of return. When we think about Purepoint Uranium's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

4.26 Million
Purepoint Uranium Group (PTU) is traded on TSX Venture Exchange in Canada and employs 9 people. Purepoint Uranium is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Purepoint Uranium's market, we take the total number of its shares issued and multiply it by Purepoint Uranium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Purepoint Uranium classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 500.72 M outstanding shares of which 142.19 K shares are at this time shorted by private and institutional investors with about 0.3 days to cover all short positions. Purepoint Uranium Group has accumulated about 5.13 M in cash with (3.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Purepoint Uranium Probability Of Bankruptcy
Ownership Allocation
Purepoint Uranium owns a total of 500.72 Million outstanding shares. Roughly 97.0 pct. of Purepoint Uranium outstanding shares are held by general public with 2.21 % owned by insiders and only 1.26 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Purepoint Ownership Details

Purepoint Uranium Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Purepoint Uranium market risk premium is the additional return an investor will receive from holding Purepoint Uranium long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Purepoint Uranium. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Purepoint Uranium's alpha and beta are two of the key measurements used to evaluate Purepoint Uranium's performance over the market, the standard measures of volatility play an important role as well.

Purepoint Stock Against Markets

Picking the right benchmark for Purepoint Uranium stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Purepoint Uranium stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Purepoint Uranium is critical whether you are bullish or bearish towards Purepoint Uranium Group at a given time. Please also check how Purepoint Uranium's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Purepoint Uranium without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Purepoint Uranium Corporate Executives

Elected by the shareholders, the Purepoint Uranium's board of directors comprises two types of representatives: Purepoint Uranium inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Purepoint. The board's role is to monitor Purepoint Uranium's management team and ensure that shareholders' interests are well served. Purepoint Uranium's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Purepoint Uranium's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ram RamachandranChief Financial OfficerProfile

How to buy Purepoint Stock?

Before investing in Purepoint Uranium, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Purepoint Uranium. To buy Purepoint Uranium stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Purepoint Uranium. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Purepoint Uranium stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Purepoint Uranium Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Purepoint Uranium Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Purepoint Uranium Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Purepoint Uranium Group?

The danger of trading Purepoint Uranium Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Purepoint Uranium is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Purepoint Uranium. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Purepoint Uranium is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purepoint Uranium Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Purepoint Uranium's price analysis, check to measure Purepoint Uranium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Purepoint Uranium is operating at the current time. Most of Purepoint Uranium's value examination focuses on studying past and present price action to predict the probability of Purepoint Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purepoint Uranium's price. Additionally, you may evaluate how the addition of Purepoint Uranium to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Purepoint Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purepoint Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purepoint Uranium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.