Western Uranium Corporation (OTCMKTS:WSTRF) Sees Large Increase in Short Interest

Key Points

• Western Uranium Corporation experienced a significant increase in short interest, rising by 180.9% from 19,900 shares to 55,900 shares in September.
• The company's market cap is $54.53 million, with a current stock price of $0.84, and a one-year trading range of $0.45 to $1.38.
• In its latest quarterly earnings report, Western Uranium reported an EPS of ($0.03), meeting analysts' expectations, but it struggled with a negative return on equity of 33.47%.

Western Uranium Corporation (OTCMKTS:WSTRF - Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 55,900 shares, an increase of 180.9% from the August 31st total of 19,900 shares. Based on an average daily volume of 227,800 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 227,800 shares, the days-to-cover ratio is presently 0.2 days.

Western Uranium Price Performance

OTCMKTS:WSTRF opened at $0.84 on Friday. Western Uranium has a one year low of $0.45 and a one year high of $1.38. The company has a market cap of $54.53 million, a PE ratio of -5.57 and a beta of 1.25. The firm has a 50-day moving average of $0.65 and a 200-day moving average of $0.67.

Western Uranium (OTCMKTS:WSTRF - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported ($0.03) EPS 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 return on equity of 33.47% and a negative net margin of 5,936.42%.

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.

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