WestKam Gold (CVE:WKG) Shares Up 56.3% – What’s Next?

WestKam Gold Corp. (CVE:WKG) shares shot up 56.3% during mid-day trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.13. 105,860 shares changed hands during mid-day 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 Trading Down 28.0 %

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.11 and a current ratio of 0.08. The stock has a market capitalization of C$2.24 million, a price-to-earnings ratio of -10.00 and a beta of 0.54. The business has a fifty day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10.

WestKam Gold Company Profile

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.