Western Resources Corp. (TSE:WRX – Get Free Report) dropped 14.3% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 172,858 shares changed hands during trading, an increase of 115% from the average daily volume of 80,353 shares. The stock had previously closed at C$0.04.
Western Resources Price Performance
The business has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a current ratio of 0.05, a quick ratio of 1.81 and a debt-to-equity ratio of 43.80. The firm has a market cap of C$12.24 million, a P/E ratio of 8.50 and a beta of 0.82.
About Western Resources
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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