WesCan Energy (CVE:WCE) Hits New 1-Year High – Here’s Why

WesCan Energy Corp. (CVE:WCE – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as C$0.15 and last traded at C$0.15, with a volume of 3000 shares changing hands. The stock had previously closed at C$0.14.

WesCan Energy Trading Up 11.1%

The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 156.82. The firm has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.11. The company has a market capitalization of C$6.77 million, a price-to-earnings ratio of -13.00 and a beta of -0.25.

About WesCan Energy

(Get Free Report)

WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada; and Texas, the United States. It holds interests in petroleum and natural gas assets located in Alberta. The company was formerly known as Great Pacific International Inc and changed its name to WesCan Energy Corp. in October 2012. WesCan Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.

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