Western Resources (TSE:WPX) Shares Down 5.6% – Here’s What Happened

Western Resources Corp (TSE:WPXGet Free Report)’s share price dropped 5.6% during trading on Monday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 167,080 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 659,045 shares. The stock had previously closed at C$0.18.

Western Resources Price Performance

The company’s 50-day simple moving average is C$0.17.

Western Resources Company Profile

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Western Resources Corp, formerly Western Potash Corp, is a Canada-based company, which intends to be able to pursue investment opportunities in other resource properties that may contain metals or minerals other than potash and in jurisdictions that may be outside of Saskatchewan. The Company considers alternative value enhancing opportunities for those resource properties, such as joint ventures, spin-offs or business combinations.

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