Western Resources Corp. (TSE:WRX – Get Free Report) shares dropped 25% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 126,327 shares changed hands during trading, a decline of 28% from the average daily volume of 174,659 shares. The stock had previously closed at C$0.04.
Western Resources Price Performance
The company has a quick ratio of 1.81, a current ratio of 0.05 and a debt-to-equity ratio of 43.80. The stock has a market capitalization of C$14.28 million, a price-to-earnings ratio of 8.50 and a beta of 0.82. The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06.
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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