Waseco Resources (CVE:WRI) Reaches New 1-Year Low – Should You Sell?

Shares of Waseco Resources Inc. (CVE:WRIGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 23000 shares trading hands. The stock had previously closed at C$0.02.

Waseco Resources Stock Performance

The firm’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The firm has a market capitalization of C$833,600.00, a PE 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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