Walker River Resources (CVE:WRR) Trading 9.1% Higher – Still a Buy?

Walker River Resources Corp. (CVE:WRR)’s share price shot up 9.1% during trading on Tuesday . The company traded as high as C$0.42 and last traded at C$0.42. 322,007 shares were traded during trading, an increase of 300% from the average session volume of 80,420 shares. The stock had previously closed at C$0.39.

Walker River Resources Trading Up 12.0%

The stock has a market capitalization of C$29.17 million, a P/E ratio of -56.00 and a beta of 1.75. The business has a 50-day moving average price of C$0.32 and a two-hundred day moving average price of C$0.27.

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. The company was formerly known as Rhino Exploration Inc and changed its name to Walker River Resources Corp. in March 2013. Walker River Resources Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.