Western Uranium (OTCMKTS:WSTRF) Share Price Passes Below 50 Day Moving Average – What’s Next?

Western Uranium Corporation (OTCMKTS:WSTRF) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.62 and traded as low as $0.3490. Western Uranium shares last traded at $0.3568, with a volume of 255,851 shares trading hands.

Western Uranium Stock Down 3.2%

The stock has a 50-day simple moving average of $0.62 and a two-hundred day simple moving average of $0.62. The firm has a market cap of $25.64 million, a PE ratio of -2.74 and a beta of 1.14.

Western Uranium (OTCMKTS:WSTRF) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The firm had revenue of $0.33 million during the quarter. Western Uranium had a negative return on equity of 29.80% and a negative net margin of 1,944.85%.

Western Uranium Company Profile

Western Uranium & Vanadium Corp. engages in exploring, developing, mining, and production of uranium and vanadium resource properties in the United States. The company holds interests in the San Rafael uranium project located in Emery County, Utah; the Sunday Mine Complex situated in western San Miguel County, Colorado; the Van 4 mine located in western Montrose County, Colorado; the Sage mine project situated in San Juan County, Utah, and San Miguel County, Colorado; and the Dunn Project located in San Juan County, Utah.