Western Uranium (OTCMKTS:WSTRF) Stock Falls 2% – Should You Sell?

Western Uranium Corporation (OTCMKTS:WSTRF)’s share price traded down 2% during mid-day trading on Monday. The stock traded as low as $0.3165 and last traded at $0.3241. Approximately 36,265 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 143,935 shares. The stock had previously closed at $0.3306.

Western Uranium Stock Performance

The stock has a market capitalization of $23.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.06. The firm’s fifty day simple moving average is $0.39 and its 200 day simple moving average is $0.43.

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

Western Uranium Company Profile

Western Uranium & Vanadium Corp. is a mineral exploration and development company focused on uranium and vanadium resources in the western United States. Its activities include the acquisition, evaluation, permitting and potential development of properties that may support future production of these strategic minerals.

The company’s principal assets include the Sunday Mine Complex in southwestern Colorado, a group of underground uranium-vanadium mines, and the San Rafael uranium project in Utah.