Western Uranium & Vanadium (OTCMKTS:WSTRF) Shares Cross Below 50 Day Moving Average – Here’s Why

Western Uranium & Vanadium Corp. (OTCMKTS:WSTRF)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.25 and traded as low as $1.20. Western Uranium & Vanadium shares last traded at $1.23, with a volume of 34,017 shares changing hands.

Western Uranium & Vanadium Price Performance

The company’s 50-day simple moving average is $1.25 and its 200-day simple moving average is $1.38. The stock has a market capitalization of $67.65 million, a price-to-earnings ratio of -9.42 and a beta of 1.44.

Western Uranium & Vanadium (OTCMKTS:WSTRF) last posted its earnings results on Wednesday, August 14th. The company reported ($0.05) earnings per share for the quarter. Western Uranium & Vanadium had a negative return on equity of 24.96% and a negative net margin of 2,969.53%. The firm had revenue of $0.04 million for the quarter.

Western Uranium & Vanadium Company Profile

Western Uranium & Vanadium Corp. engages in exploring, developing, mining, and production of uranium and vanadium resource properties in the United States. The company holds interests in the San Rafael uranium project located in Emery County, Utah; the Sunday Mine Complex situated in western San Miguel County, Colorado; the Van 4 mine located in western Montrose County, Colorado; the Sage mine project situated in San Juan County, Utah, and San Miguel County, Colorado; and the Dunn Project located in San Juan County, Utah.