Western Uranium (OTCMKTS:WSTRF) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Western Uranium Corporation (OTCMKTS:WSTRFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.53 and traded as low as $0.3874. Western Uranium shares last traded at $0.4569, with a volume of 57,971 shares traded.

Western Uranium Trading Up 16.6%

The firm has a market cap of $32.83 million, a price-to-earnings ratio of -5.08 and a beta of 0.87. The firm has a 50 day moving average price of $0.53 and a 200-day moving average price of $0.51.

Western Uranium (OTCMKTS:WSTRFGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.02) earnings per share for the quarter. Western Uranium had a negative return on equity of 21.16% and a negative net margin of 1,493.92%.The business had revenue of $0.03 million for the quarter.

About Western Uranium

(Get Free Report)

Western Uranium (OTCMKTS:WSTRF) is a mineral exploration and development company focused on uranium and vanadium projects in the western United States. The company targets resources critical to the nuclear energy sector, positioning itself to supply fuel for utilities seeking low-carbon power generation. As an OTC-traded entity, Western Uranium engages in all stages of project advancement, from early exploration through permitting and development.

The company’s flagship asset is the Sunday Mine Complex in Colorado’s historic Uravan Mineral Belt.

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