Western Uranium Corporation (OTCMKTS:WSTRF – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 62,704 shares, a decline of 53.5% from the September 30th total of 134,884 shares. Based on an average daily trading volume, of 227,013 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.
Western Uranium Stock Up 3.7%
Shares of Western Uranium stock opened at $0.31 on Friday. Western Uranium has a 52 week low of $0.27 and a 52 week high of $0.80. The company has a 50 day moving average price of $0.37 and a 200 day moving average price of $0.46. The firm has a market capitalization of $22.35 million, a P/E ratio of -3.89 and a beta of 1.06.
Western Uranium (OTCMKTS:WSTRF – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $0.20 million for the quarter, compared to analyst estimates of $0.04 million. Western Uranium had a negative net margin of 921.07% and a negative return on equity of 18.56%.
About Western Uranium
Western Uranium & Vanadium Corp. is a mining and mineral development company focused on uranium and vanadium resources in the western United States. The company’s activities include the acquisition, exploration, development and potential production of uranium and vanadium properties.
Its principal assets include the Sunday Mine Complex in southwestern Colorado, a group of underground uranium-vanadium mines, as well as additional mineral properties in the western United States. The company has also pursued processing and mining technologies intended to support the recovery of uranium and vanadium from its deposits.
Western Uranium & Vanadium was formed through the combination of Western Uranium Corporation and Black Range Minerals.
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