Western Uranium (OTCMKTS:WSTRF) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Western Uranium Corporation (OTCMKTS:WSTRFGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.44 and traded as low as $0.3443. Western Uranium shares last traded at $0.3547, with a volume of 27,251 shares traded.

Western Uranium Stock Down 0.8%

The company has a market capitalization of $25.49 million, a price-to-earnings ratio of -3.94 and a beta of 0.94. The stock has a 50 day simple moving average of $0.44 and a 200 day simple moving average of $0.51.

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

Western Uranium Company Profile

(Get Free Report)

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.

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