Western Uranium Corporation (OTCMKTS:WSTRF) Short Interest Update

Western Uranium Corporation (OTCMKTS:WSTRF) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 113,555 shares, a growth of 182.8% from the August 31st total of 40,155 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 106,982 shares, the days-to-cover ratio is currently 1.1 days.

Western Uranium Stock Performance

OTCMKTS:WSTRF opened at $0.36 on Monday. Western Uranium has a 1-year low of $0.27 and a 1-year high of $0.98. The firm has a market capitalization of $26.14 million, a price-to-earnings ratio of -4.55 and a beta of 1.00. The business’s 50-day moving average price is $0.40 and its two-hundred day moving average price is $0.45.

Western Uranium (OTCMKTS:WSTRF) last posted its earnings results on Friday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. The company had revenue of $0.20 million during the quarter, compared to analyst estimates of $0.04 million. Western Uranium had a negative return on equity of 18.56% and a negative net margin of 921.07%.

Western Uranium Company Profile

Western Uranium & Vanadium Corp. is a mineral exploration and development company focused on uranium and vanadium assets in the western United States. The company’s activities include acquiring, evaluating, permitting and advancing mineral properties that may support the production of uranium and vanadium, which are used in nuclear energy and energy-storage applications, respectively.

Western Uranium & Vanadium’s principal assets are located in Colorado and Utah. Its portfolio includes the Sunday Mine Complex in Colorado, a group of uranium-vanadium deposits, as well as other mineral properties in the region.