Westmount Energy (LON:WTE) Shares Up 12.5% – Here’s Why

Shares of Westmount Energy Limited (LON:WTEGet Free Report) rose 12.5% during mid-day trading on Tuesday . The company traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01). Approximately 200,459 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 246,994 shares. The stock had previously closed at GBX 0.80 ($0.01).

Westmount Energy Stock Up 8.7 %

The firm has a market cap of £1.25 million, a PE ratio of -43.50 and a beta of 0.53. The company has a current ratio of 10.28, a quick ratio of 18.95 and a debt-to-equity ratio of 2.69. The firm has a 50 day moving average price of GBX 0.97 and a 200-day moving average price of GBX 1.19.

About Westmount Energy

(Get Free Report)

Westmount Energy Limited is a venture capital firm specializing in seed capital to small medium sized companies. The firm invests in Guyana-Suriname Basin regions. Westmount Energy Limited was incorporated in October 1, 1992 and is based in Saint Helier, Jersey.

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