WesCan Energy (CVE:WCE) Trading Down 29.4% – What’s Next?

WesCan Energy Corp. (CVE:WCEGet Free Report)’s share price was down 29.4% during mid-day trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 121,537 shares were traded during mid-day trading, an increase of 117% from the average daily volume of 55,931 shares. The stock had previously closed at C$0.09.

WesCan Energy Stock Up 41.7%

The company’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.05. The stock has a market cap of C$3.52 million, a P/E ratio of 8.50 and a beta of 0.13. The company has a debt-to-equity ratio of 156.82, a quick ratio of 0.46 and a current ratio of 0.46.

About WesCan Energy

(Get Free Report)

WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada; and Texas, the United States. It holds interests in petroleum and natural gas assets located in Alberta. The company was formerly known as Great Pacific International Inc and changed its name to WesCan Energy Corp.

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