W Resources (LON:WRES) Stock Crosses Below Two Hundred Day Moving Average of $0.37
W Resources PLC (LON:WRES) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.37 and traded as low as $0.28. W Resources shares last traded at $0.29, with a volume of 9,335,841 shares changing hands.
The stock has a market capitalization of $18.50 million and a price-to-earnings ratio of -2.90. The company has a fifty day simple moving average of GBX 0.31 and a 200 day simple moving average of GBX 0.37. The company has a debt-to-equity ratio of 205.38, a quick ratio of 1.48 and a current ratio of 1.48.
W Resources Company Profile (LON:WRES)
W Resources Plc engages in the exploration and development of tungsten, tin, copper, and gold properties. Its flagship project is the La Parrilla tungsten project located in Spain. The company was formerly known as Caspian Holdings Plc and changed its name to W Resources Plc in July 2012. W Resources Plc was incorporated in 2004 and is based in London, the United Kingdom.
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