Walker River Resources (CVE:WRR) Stock Price Down 19.1% – Here’s Why

Walker River Resources Corp. (CVE:WRR) dropped 19.1% on Monday . The stock traded as low as C$0.19 and last traded at C$0.19. Approximately 112,067 shares changed hands during mid-day trading, an increase of 81% from the average daily volume of 61,919 shares. The stock had previously closed at C$0.24.

Walker River Resources Price Performance

The business’s 50 day simple moving average is C$0.18 and its 200-day simple moving average is C$0.20. The stock has a market capitalization of C$9.24 million, a P/E ratio of -9.50 and a beta of 1.12.

Walker River Resources Company Profile

Walker River Resources Corp., an exploration stage company, engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada. It holds 100% interests in the Lapon Canyon gold project with 147 claims, which covers an area of approximately 2940 acres located in Nevada.