Western Uranium Corporation (OTCMKTS:WSTRF – Get Free Report) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 23,548 shares, a decrease of 98.7% from the July 30th total of 1,767,060 shares. Based on an average trading volume of 315,561 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
Western Uranium Trading Up 17.8%
Shares of WSTRF stock opened at $0.51 on Thursday. The company has a market capitalization of $36.94 million, a price-to-earnings ratio of -6.43 and a beta of 0.92. Western Uranium has a 1-year low of $0.27 and a 1-year high of $1.00. The stock’s fifty day simple moving average is $0.38 and its 200-day simple moving average is $0.48.
Western Uranium (OTCMKTS:WSTRF – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $0.20 million during the quarter, compared to analysts’ expectations of $0.04 million. Western Uranium had a negative return on equity of 18.56% and a negative net margin of 921.07%.
About Western Uranium
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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