WestKam Gold (CVE:WKG) Trading 56.3% Higher – Here’s Why

WestKam Gold Corp. (CVE:WKGGet Free Report) shot up 56.3% during trading on Friday . The company traded as high as C$0.14 and last traded at C$0.13. 105,860 shares were traded during trading, an increase of 411% from the average session volume of 20,714 shares. The stock had previously closed at C$0.08.

WestKam Gold Stock Performance

The company’s fifty day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.10. The company has a market capitalization of C$2.24 million, a price-to-earnings ratio of -10.00 and a beta of 0.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.11 and a current ratio of 0.08.

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.

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