Western Resources (TSE:WRX) Trading Up 15.4%

Western Resources Corp (TSE:WRX)’s share price was up 15.4% during mid-day trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 1,115,921 shares changed hands during mid-day trading, an increase of 722% from the average daily volume of 135,773 shares. The stock had previously closed at C$0.13.

The firm has a market cap of $24.29 million and a PE ratio of 6.52. The company has a debt-to-equity ratio of 6.23, a current ratio of 12.03 and a quick ratio of 4.17.

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About Western Resources (TSE:WRX)

Western Resources Corp., through its subsidiary, Western Potash Corp., engages in the acquisition, exploration, and development of potash mineral properties in Western Canada. It primarily holds a 100% interest in the Milestone potash project covering an area of approximately 87,532 acres of crown held mineral leases located to the southeast of Regina in Saskatchewan, Canada.

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