Western Resources (TSE:WRX) Shares Up 22.2%

Western Resources Corp. (TSE:WRXGet Free Report) shares 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 traded hands during 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 Performance

The business’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.09. The stock has a market cap of C$28.57 million, a PE 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

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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.

Further Reading

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