Short Interest in Western Uranium Corporation (OTCMKTS:WSTRF) Drops By 59.1%

Western Uranium Corporation (OTCMKTS:WSTRF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 19,900 shares, a decline of 59.1% from the August 15th total of 48,600 shares. Based on an average daily trading volume, of 333,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 333,200 shares, the short-interest ratio is currently 0.1 days.

Western Uranium Trading Down 2.0%

Shares of OTCMKTS WSTRF opened at $0.62 on Friday. The firm has a market cap of $40.30 million, a PE ratio of -4.11 and a beta of 1.19. Western Uranium has a 1-year low of $0.45 and a 1-year high of $1.45. The company has a fifty day moving average price of $0.59 and a 200 day moving average price of $0.66.

Western Uranium (OTCMKTS:WSTRF) last announced its earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.03). The firm had revenue of $0.03 million during the quarter. Western Uranium had a negative net margin of 5,936.42% and a negative return on equity of 33.47%.

About Western Uranium

Western Uranium & Vanadium Corp. engages in exploring, developing, mining, and production of uranium and vanadium resource properties in the United States. The company holds interests in the San Rafael uranium project located in Emery County, Utah; the Sunday Mine Complex situated in western San Miguel County, Colorado; the Van 4 mine located in western Montrose County, Colorado; the Sage mine project situated in San Juan County, Utah, and San Miguel County, Colorado; and the Dunn Project located in San Juan County, Utah.