Western Uranium (OTCMKTS:WSTRF) Shares Cross Below Fifty Day Moving Average – What’s Next?

by · The Cerbat Gem

Western Uranium Corporation (OTCMKTS:WSTRF – Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.52 and traded as low as $0.47. Western Uranium shares last traded at $0.5079, with a volume of 65,076 shares trading hands.

Western Uranium Price Performance

The stock has a market capitalization of $34.85 million, a price-to-earnings ratio of -5.39 and a beta of 0.93. The stock’s 50 day simple moving average is $0.52 and its 200-day simple moving average is $0.51.

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

Western Uranium Company Profile

(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.

Featured Articles