W Resources (LON:WRES) Stock Crosses Above Fifty Day Moving Average of $0.30
Shares of W Resources PLC (LON:WRES) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.30 and traded as high as $0.31. W Resources shares last traded at $0.30, with a volume of 23,751,595 shares changing hands.
The company has a debt-to-equity ratio of 205.38, a current ratio of 1.48 and a quick ratio of 1.48. The business’s 50-day simple moving average is GBX 0.30 and its two-hundred day simple moving average is GBX 0.36. The stock has a market capitalization of $18.82 million and a price-to-earnings ratio of -2.95.
About W Resources (LON:WRES)
W Resources Plc engages in the exploration and development of tungsten, tin, copper, and gold properties. Its flagship project is the La Parrilla tungsten project located in Spain. The company was formerly known as Caspian Holdings Plc and changed its name to W Resources Plc in July 2012. W Resources Plc was incorporated in 2004 and is based in London, the United Kingdom.
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