WesCan Energy (CVE:WCE) Trading Up 38.5% – Still a Buy?

WesCan Energy Corp. (CVE:WCEGet Free Report) shares were up 38.5% during trading on Monday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 147,500 shares traded hands during trading, an increase of 314% from the average daily volume of 35,624 shares. The stock had previously closed at C$0.07.

WesCan Energy Trading Up 15.4%

The company’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. 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 has a market cap of C$3.35 million, a P/E ratio of -3.75 and a beta of -0.01.

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. in October 2012. WesCan Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.

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