Western Resources Corp. (TSE:WRX – Get Free Report) shares traded 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 were traded during mid-day 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 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.05. The company has a current ratio of 0.05, a quick ratio of 1.81 and a debt-to-equity ratio of 43.80. The company has a market cap of C$20.41 million, a P/E ratio of 8.50 and a beta of 0.82.
Western Resources Company Profile
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.
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