WesCan Energy (CVE:WCE) Hits New 1-Year High – What’s Next?

WesCan Energy Corp. (CVE:WCE) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.14, with a volume of 196000 shares traded. The stock had previously closed at C$0.13.

WesCan Energy Stock Performance

The firm’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07. The company has a market capitalization of C$6.25 million, a price-to-earnings ratio of -7.00 and a beta of -1.38. The company has a debt-to-equity ratio of 156.82, a current ratio of 0.46 and a quick ratio of 0.46.

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. in October 2012. WesCan Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.