Western Resources (TSE:WRX) Shares Up 16.7% – What’s Next?

Western Resources Corp. (TSE:WRXGet Free Report) shot up 16.7% during mid-day trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 103,440 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 82,859 shares. The stock had previously closed at C$0.03.

Western Resources Stock Up 16.7 %

The firm has a market cap of C$14.28 million, a price-to-earnings ratio of 8.50 and a beta of 0.82. The stock has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.05. The company has a current ratio of 0.05, a quick ratio of 1.81 and a debt-to-equity ratio of 43.80.

Western Resources Company Profile

(Get Free Report)

Western Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of potash mineral properties in Canada. The company primarily holds a 100% interest in the Milestone project located to the southeast of Regina in Saskatchewan, Canada. It also invests in real estate projects.

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