Western Uranium & Vanadium Corp. (OTCMKTS:WSTRF) saw its share price dip below its 50-day moving average during Wednesday’s trading session. The stock, which has a 50-day moving average of $1.43, fell to as low as $1.33 before rebounding slightly to close at $1.36 with a trading volume of 22,789 shares.
Despite this minor setback, Western Uranium & Vanadium’s shares have been trending upward, trading up 1.3% overall. The company also has a 200-day simple moving average of $1.31.
In its latest quarterly earnings report released on April 16th, Western Uranium & Vanadium posted an EPS of ($0.04) with revenue of $0.07 million for the quarter. The company reported a negative return on equity of 16.18% and a negative net margin of 748.02%.
Western Uranium & Vanadium Corp. is engaged in exploring, developing, mining, and producing uranium and vanadium resource properties in the United States. The company has interests in several projects across Utah and Colorado, including the San Rafael uranium project, the Sunday Mine Complex, the Van 4 mine, the Sage mine project, and the Dunn Project.
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