Short Interest in Western Uranium Corporation (OTCMKTS:WSTRF) Expands By 183.6%

Western Uranium Corporation (OTCMKTS:WSTRF) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 320,480 shares, a growth of 183.6% from the June 30th total of 112,989 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 151,292 shares, the days-to-cover ratio is currently 2.1 days.

Western Uranium Price Performance

OTCMKTS WSTRF opened at $0.33 on Wednesday. Western Uranium has a fifty-two week low of $0.32 and a fifty-two week high of $1.00. The stock’s 50-day moving average is $0.42 and its two-hundred day moving average is $0.51. The firm has a market cap of $23.44 million, a P/E ratio of -3.63 and a beta of 0.94.

Western Uranium (OTCMKTS:WSTRF) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $0.03 million for the quarter. Western Uranium had a negative return on equity of 21.16% and a negative net margin of 1,493.92%.

About Western Uranium

Western Uranium (OTCMKTS:WSTRF) is a mineral exploration and development company focused on uranium and vanadium projects in the western United States. The company targets resources critical to the nuclear energy sector, positioning itself to supply fuel for utilities seeking low-carbon power generation. As an OTC-traded entity, Western Uranium engages in all stages of project advancement, from early exploration through permitting and development.

The company’s flagship asset is the Sunday Mine Complex in Colorado’s historic Uravan Mineral Belt.