Shares of WesCan Energy Corp. (CVE:WCE – Get Free Report) dropped 10.7% during trading on Thursday. The company traded as low as C$0.12 and last traded at C$0.12. Approximately 410,100 shares were traded during trading, an increase of 394% from the average daily volume of 83,005 shares. The stock had previously closed at C$0.14.
WesCan Energy Price Performance
The firm has a market cap of C$5.87 million, a P/E ratio of -13.00 and a beta of -0.25. The company has a debt-to-equity ratio of 156.82, a current ratio of 0.46 and a quick ratio of 0.46. The company’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.11.
WesCan Energy Company Profile
WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada; and Texas, the United States. It holds interests in petroleum and natural gas assets located in Alberta. The company was formerly known as Great Pacific International Inc and changed its name to WesCan Energy Corp. in October 2012. WesCan Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.
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