WestKam Gold (CVE:WKG) Trading Up 47.8% – Should You Buy?

WestKam Gold Corp. (CVE:WKGGet Free Report) shares were up 47.8% during mid-day trading on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 208,819 shares changed hands during mid-day trading, an increase of 238% from the average daily volume of 61,700 shares. The stock had previously closed at C$0.12.

WestKam Gold Price Performance

The company has a market cap of C$4.06 million, a price-to-earnings ratio of -16.00 and a beta of 0.92. The stock’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07. The company has a quick ratio of 0.11, a current ratio of 0.08 and a debt-to-equity ratio of 0.04.

About WestKam Gold

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WestKam Gold Corp. focuses on acquiring and developing gold and silver properties in Western Canada. It holds a 100% undivided interest in the Will mineral claim comprising 1,142.47 hectares located in the Goldbridge mining camp in British Columbia. The company was formerly known as Encore Renaissance Resources Corporation and changed its name to WestKam Gold Corp. in April 2012. WestKam Gold Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.

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