WesCan Energy (CVE:WCE) Trading Up 10.5% – Should You Buy?

WesCan Energy Corp. (CVE:WCE) shares were up 10.5% on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 305,189 shares changed hands during trading, an increase of 287% from the average daily volume of 78,945 shares. The stock had previously closed at C$0.10.

WesCan Energy Price Performance

The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 156.82. The company’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.07. The company has a market cap of C$4.46 million, a PE ratio of -5.00 and a beta of -0.01.

About WesCan Energy

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.