WesCan Energy (CVE:WCE) Reaches New 1-Year High at $0.11

Shares of WesCan Energy Corp. (CVE:WCE) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11, with a volume of 299433 shares traded. The stock had previously closed at C$0.10.

WesCan Energy Stock Performance

The company has a debt-to-equity ratio of 113.63, a current ratio of 0.12 and a quick ratio of 0.46. The firm has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.06. The company has a market cap of C$3.52 million, a price-to-earnings ratio of -3.50 and a beta of 0.13.

Insider Transactions at WesCan Energy

In other WesCan Energy news, insider Leo Berezan bought 2,316,000 shares of the stock in a transaction dated Tuesday, April 2nd. The stock was bought at an average cost of C$0.04 per share, for a total transaction of C$92,640.00. Insiders have bought 2,456,000 shares of company stock valued at $106,190 in the last quarter. 29.57% of the stock is currently owned by corporate insiders.

About WesCan Energy

WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada; and Texas, the United States. It holds interests in petroleum and natural gas assets located in Alberta. The company was formerly known as Great Pacific International Inc and changed its name to WesCan Energy Corp.