Western Resources Corp. (TSE:WRX – Get Free Report) shot up 22.2% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. 232,759 shares were traded during mid-day trading, an increase of 170% from the average session volume of 86,184 shares. The stock had previously closed at C$0.05.
Western Resources Stock Up 22.2 %
The firm’s 50-day simple moving average is C$0.06 and its 200-day simple moving average is C$0.09. The company has a market capitalization of C$22.45 million, a price-to-earnings ratio of 8.50 and a beta of 0.82. The company has a debt-to-equity ratio of 43.80, a quick ratio of 1.81 and a current ratio of 0.05.
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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