WestKam Gold (CVE:WKG) Stock Price Up 56.3% – Here’s What Happened

WestKam Gold Corp. (CVE:WKG)’s share price was up 56.3% on Friday . The stock traded as high as C$0.14 and last traded at C$0.13. Approximately 105,860 shares changed hands during mid-day trading, an increase of 411% from the average daily volume of 20,714 shares. The stock had previously closed at C$0.08.

WestKam Gold Price Performance

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 company has a market capitalization of C$2.24 million, a P/E ratio of -10.00 and a beta of 0.54. The company’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10.

WestKam Gold Company Profile

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.