Shares of Western Resources Corp. (TSE:WRX – Get Free Report) shot up 25% during mid-day trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.05. 237,100 shares traded hands during trading, an increase of 279% from the average session volume of 62,598 shares. The stock had previously closed at C$0.04.
Western Resources Stock Performance
The company has a debt-to-equity ratio of 43.80, a current ratio of 0.05 and a quick ratio of 1.81. The company has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. The stock has a market cap of C$20.41 million, a P/E ratio of 8.50 and a beta of 0.82.
About Western Resources
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to successfully complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phase 2 and 3 to develop potash deposit at an environmentally friendly model.
See Also
- Five stocks we like better than Western Resources
- Want to Profit on the Downtrend? Downtrends, Explained.
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Using the MarketBeat Stock Split Calculator
- DuPont’s Electronics Spinoff: The Start of Something Big
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
Receive News & Ratings for Western Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Resources and related companies with MarketBeat.com's FREE daily email newsletter.
