Waseco Resources (CVE:WRI) Sets New 12-Month Low – Here’s Why

Waseco Resources Inc. (CVE:WRIGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 10000 shares. The stock had previously closed at C$0.02.

Waseco Resources Stock Down 25.0 %

The firm has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The firm has a market cap of C$625,200.00, a price-to-earnings ratio of -12.50 and a beta of 1.72.

About Waseco Resources

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Waseco Resources Inc, an exploration stage company, engages in the acquisition, exploration, development, and production of mineral properties in Canada and internationally. The company explores for gold, copper, and diamond deposits. It holds interests in the Battle Mountain Ridge project located in Nevada, the United States; the Tewah Alluvial gold project located in Indonesia; and 5% interest in the diamond exploration project located in the Attawapiskat region of Northern Ontario.

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