Western Resources Corp. (TSE:WRX – Get Free Report) shares fell 50% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.04. 3,032,104 shares were traded during trading, an increase of 3,632% from the average session volume of 81,253 shares. The stock had previously closed at C$0.07.
Western Resources Stock Performance
The business’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.11. The stock has a market capitalization of C$14.28 million, a P/E ratio of 8.50 and a beta of 1.16. The company has a debt-to-equity ratio of 41.68, a quick ratio of 1.81 and a current ratio of 0.14.
About Western Resources
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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