W Resources (LON:WRES) Share Price Passes Below 200-Day Moving Average of $0.44

W Resources PLC (LON:WRES)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.44 and traded as low as $0.39. W Resources shares last traded at $0.41, with a volume of 26,461,042 shares trading hands.

The business’s 50 day moving average price is GBX 0.41 and its 200-day moving average price is GBX 0.44. The firm has a market capitalization of $24.73 million and a PE ratio of -4.10. The company has a debt-to-equity ratio of 176.64, a quick ratio of 1.34 and a current ratio of 2.31.

W Resources Company Profile (LON:WRES)

W Resources Plc engages in the exploration and development of tungsten, tin, copper, and gold properties. Its flagship project is the La Parrilla tungsten project located in Spain. The company was formerly known as Caspian Holdings Plc and changed its name to W Resources Plc in July 2012. W Resources Plc was incorporated in 2004 and is based in London, the United Kingdom.

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