WestKam Gold (CVE:WKG) Stock Price Up 65.2% – Should You Buy?
by Teresa Graham · The Cerbat GemWestKam Gold Corp. (CVE:WKG – Get Free Report) shot up 65.2% on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 854,819 shares changed hands during mid-day trading, an increase of 681% from the average session volume of 109,437 shares. The stock had previously closed at C$0.12.
WestKam Gold Stock Performance
The firm has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.07. The company has a quick ratio of 0.11, a current ratio of 0.08 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of C$4.82 million, a price-to-earnings ratio of -19.00 and a beta of 0.92.
About WestKam Gold
WestKam Gold Corp. focuses on acquiring and developing gold and silver properties in Western Canada. It holds a 100% undivided interest in the Will mineral claim comprising 1,142.47 hectares located in the Goldbridge mining camp in British Columbia. The company was formerly known as Encore Renaissance Resources Corporation and changed its name to WestKam Gold Corp. in April 2012. WestKam Gold Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.