Western Resources Corp. (TSE:WRX – Get Free Report) fell 50% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.04. 3,032,104 shares were traded during mid-day trading, an increase of 3,632% from the average session volume of 81,253 shares. The stock had previously closed at C$0.07.
Western Resources Price Performance
The company has a debt-to-equity ratio of 41.68, a quick ratio of 1.81 and a current ratio of 0.14. The business’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.11. The stock has a market capitalization of C$14.28 million, a price-to-earnings ratio of 8.50 and a beta of 1.16.
Western Resources Company Profile
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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