Western Uranium Corporation (OTCMKTS:WSTRF) Short Interest Update

Western Uranium Corporation (OTCMKTS:WSTRF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 320,480 shares, an increase of 183.6% from the June 30th total of 112,989 shares. Based on an average daily volume of 151,292 shares, the short-interest ratio is currently 2.1 days. Approximately 0.5% of the shares of the stock are sold short.

Western Uranium Stock Performance

Shares of WSTRF stock opened at $0.36 on Tuesday. The stock’s fifty day moving average price is $0.42 and its two-hundred day moving average price is $0.51. The company has a market cap of $25.71 million, a PE ratio of -3.98 and a beta of 0.94. Western Uranium has a fifty-two week low of $0.32 and a fifty-two week high of $1.00.

Western Uranium (OTCMKTS:WSTRF) last issued its quarterly 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.

About Western Uranium

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.