WesCan Energy (CVE:WCE) Trading 5% Higher – Here’s Why

WesCan Energy Corp. (CVE:WCEGet Free Report)’s share price rose 5% during mid-day trading on Monday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 5,000 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 62,401 shares. The stock had previously closed at C$0.10.

WesCan Energy Stock Performance

The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 156.82. The firm has a market capitalization of C$4.35 million, a P/E ratio of 10.50 and a beta of 0.13. The business’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.09.

About WesCan Energy

(Get Free Report)

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.

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