WestKam Gold (CVE:WKG) Trading 47.8% Higher – What’s Next?

WestKam Gold Corp. (CVE:WKGGet Free Report)’s share price shot up 47.8% during mid-day trading on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. 208,819 shares traded hands during trading, an increase of 238% from the average session volume of 61,700 shares. The stock had previously closed at C$0.12.

WestKam Gold Stock Performance

The company’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.07. The stock has a market capitalization of C$4.82 million, a PE ratio of -19.00 and a beta of 0.92. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.11 and a current ratio of 0.08.

About WestKam Gold

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WestKam Gold Corp. focuses on acquiring and developing gold and silver properties in Western Canada. It holds a 100% undivided interest in the Will mineral claim comprising 1,142.47 hectares located in the Goldbridge mining camp in British Columbia. The company was formerly known as Encore Renaissance Resources Corporation and changed its name to WestKam Gold Corp. in April 2012. WestKam Gold Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.

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