Western Uranium (OTCMKTS:WSTRF) Posts Earnings Results, Beats Expectations By $0.02 EPS

Western Uranium (OTCMKTS:WSTRF) posted its quarterly earnings results on Wednesday. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.02, Zacks reports. Western Uranium had a negative return on equity of 29.80% and a negative net margin of 1,944.85%.The firm had revenue of $0.03 million during the quarter, compared to analysts’ expectations of $0.33 million.

Western Uranium Stock Up 4.0%

Shares of OTCMKTS:WSTRF opened at $0.60 on Friday. Western Uranium has a 52-week low of $0.32 and a 52-week high of $1.00. The stock has a market cap of $43.14 million, a P/E ratio of -5.46 and a beta of 0.91. The business has a fifty day moving average of $0.53 and a two-hundred day moving average of $0.52.

Western Uranium Company Profile

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.