Western Uranium Corporation (OTCMKTS:WSTRF) Stock Short Interest Report for October

Western Uranium Corporation (OTCMKTS:WSTRF) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 62,704 shares, a decrease of 53.5% from the September 30th total of 134,884 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 227,013 shares, the short-interest ratio is currently 0.3 days.

Western Uranium Stock Up 3.7%

Western Uranium stock opened at $0.31 on Friday. The stock has a 50-day simple moving average of $0.37 and a 200 day simple moving average of $0.46. Western Uranium has a 12-month low of $0.27 and a 12-month high of $0.80.

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

About Western Uranium

Western Uranium & Vanadium Corp. is a mining and mineral development company focused on uranium and vanadium resources in the western United States. The company’s activities include the acquisition, exploration, development and potential production of uranium and vanadium properties.

Its principal assets include the Sunday Mine Complex in southwestern Colorado, a group of underground uranium-vanadium mines, as well as additional mineral properties in the western United States. The company has also pursued processing and mining technologies intended to support the recovery of uranium and vanadium from its deposits.

Western Uranium & Vanadium was formed through the combination of Western Uranium Corporation and Black Range Minerals.