Western Uranium (OTCMKTS:WSTRF) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Western Uranium Corporation (OTCMKTS:WSTRF) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.40 and traded as low as $0.30. Western Uranium shares last traded at $0.3213, with a volume of 285,169 shares changing hands.

Western Uranium Trading Up 7.9%

The firm has a market capitalization of $23.09 million, a PE ratio of -3.57 and a beta of 0.92. The stock’s 50 day moving average price is $0.40 and its two-hundred day moving average price is $0.50.

Western Uranium (OTCMKTS:WSTRF) last posted its earnings results on Thursday, May 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $0.03 million during the quarter. Western Uranium had a negative net margin of 1,493.92% and a negative return on equity of 21.16%.

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.