Western Uranium (OTCMKTS:WSTRF) Stock Price Down 2% – Time to Sell?

Western Uranium Corporation (OTCMKTS:WSTRF) traded down 2% on Monday. The company traded as low as $0.3165 and last traded at $0.3241. Approximately 36,265 shares traded hands during trading, a decline of 75% from the average session volume of 143,935 shares. The stock had previously closed at $0.3306.

Western Uranium Stock Performance

The firm has a market capitalization of $23.29 million, a price-to-earnings ratio of -4.05 and a beta of 1.06. The company has a fifty day moving average of $0.39 and a two-hundred day moving average of $0.43.

Western Uranium (OTCMKTS:WSTRF) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The business had revenue of $0.20 million during the quarter, compared to the consensus estimate of $0.04 million. Western Uranium had a negative return on equity of 18.56% and a negative net margin of 921.07%.

Western Uranium Company Profile

Western Uranium & Vanadium Corp. is a mineral exploration and development company focused on uranium and vanadium resources in the western United States. Its activities include the acquisition, evaluation, permitting and potential development of properties that may support future production of these strategic minerals.

The company’s principal assets include the Sunday Mine Complex in southwestern Colorado, a group of underground uranium-vanadium mines, and the San Rafael uranium project in Utah.