WestKam Gold (CVE:WKG) Stock Price Down 17.6% – Here’s What Happened

WestKam Gold Corp. (CVE:WKG) fell 17.6% on Monday . The company traded as low as C$0.14 and last traded at C$0.14. 121,020 shares changed hands during trading, an increase of 17% from the average session volume of 103,127 shares. The stock had previously closed at C$0.17.

WestKam Gold Stock Down 17.6%

The firm’s fifty day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.08. The company has a current ratio of 0.08, a quick ratio of 0.11 and a debt-to-equity ratio of 0.04. The company has a market capitalization of C$3.55 million, a price-to-earnings ratio of -14.00 and a beta of 0.92.

About WestKam Gold

WestKam Gold Corp. focuses on acquiring and developing gold and silver properties in Western Canada. It holds a 100% undivided interest in the Will mineral claim comprising 1,142.47 hectares located in the Goldbridge mining camp in British Columbia. The company was formerly known as Encore Renaissance Resources Corporation and changed its name to WestKam Gold Corp. in April 2012. WestKam Gold Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.