WestKam Gold (CVE:WKG) Trading 38.9% Higher – Here’s Why

WestKam Gold Corp. (CVE:WKG) shot up 38.9% during mid-day trading on Wednesday . The company traded as high as C$0.13 and last traded at C$0.13. 13,778 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 89,947 shares. The stock had previously closed at C$0.09.

WestKam Gold Stock Up 38.9 %

The business has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.11. The company has a market capitalization of C$3.11 million, a price-to-earnings ratio of -10.00 and a beta of 0.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.08 and a quick ratio of 0.11.

About WestKam Gold

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.