WesCan Energy (CVE:WCE) Trading 33.3% Higher – Still a Buy?

WesCan Energy Corp. (CVE:WCEGet Free Report)’s share price shot up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. 122,000 shares changed hands during mid-day trading, an increase of 102% from the average session volume of 60,443 shares. The stock had previously closed at C$0.05.

WesCan Energy Stock Performance

The company has a market capitalization of C$3.13 million, a PE ratio of -3.50 and a beta of 0.09. 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’s 50-day simple moving average is C$0.07 and its 200-day simple moving average is C$0.05.

WesCan Energy Company Profile

(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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