WestKam Gold (CVE:WKG) Shares Up 47.8% – Here’s Why

WestKam Gold Corp. (CVE:WKG) rose 47.8% during mid-day trading on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 208,819 shares changed hands during trading, an increase of 238% from the average daily volume of 61,700 shares. The stock had previously closed at C$0.12.

WestKam Gold Stock Up 65.2%

The stock has a market capitalization of C$4.82 million, a P/E ratio of -19.00 and a beta of 0.92. The stock has a 50 day moving average price of C$0.08 and a 200-day moving average price of C$0.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.08 and a quick ratio of 0.11.

WestKam Gold Company Profile

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.