Walker River Resources (CVE:WRR) Trading 24.7% Higher – What’s Next?

Walker River Resources Corp. (CVE:WRR)’s stock price rose 24.7% on Wednesday . The company traded as high as C$0.49 and last traded at C$0.48. Approximately 628,056 shares were traded during mid-day trading, an increase of 560% from the average daily volume of 95,194 shares. The stock had previously closed at C$0.39.

Walker River Resources Price Performance

The stock has a 50-day moving average price of C$0.31 and a 200-day moving average price of C$0.26. The firm has a market capitalization of C$25.00 million, a PE ratio of -48.00 and a beta of 1.75.

Walker River Resources Company Profile

Walker River Resources Corp., an exploration stage company, engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada. It holds 100% interests in the Lapon Canyon gold project with 147 claims, which covers an area of approximately 2940 acres located in Nevada. The company was formerly known as Rhino Exploration Inc and changed its name to Walker River Resources Corp. in March 2013. Walker River Resources Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.