Western Uranium (OTCMKTS:WSTRF) Posts Earnings Results

Western Uranium (OTCMKTS:WSTRF) posted its quarterly earnings data on Friday. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01, Zacks reports. Western Uranium had a negative net margin of 1,493.92% and a negative return on equity of 21.16%. The firm had revenue of $0.20 million for the quarter, compared to the consensus estimate of $0.04 million.

Western Uranium Stock Performance

Shares of OTCMKTS WSTRF traded down $0.00 during mid-day trading on Friday, reaching $0.40. The company had a trading volume of 56,820 shares, compared to its average volume of 195,505. The company has a market capitalization of $28.39 million, a price-to-earnings ratio of -4.39 and a beta of 0.92. Western Uranium has a 12-month low of $0.27 and a 12-month high of $1.00. The stock has a fifty day moving average of $0.38 and a two-hundred day moving average of $0.49.

Western Uranium Company Profile

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.