Home / Market Movers / Walker River Resources Corp (CDX:WRR:CA) Swoons 12.0% Just After Opening Bell on April 21, Pressuring TSX Venture Miscellaneous Sector

Walker River Resources Corp (CDX:WRR:CA) Swoons 12.0% Just After Opening Bell on April 21, Pressuring TSX Venture Miscellaneous Sector

Walker River Resources Corp (CDX:WRR:CA) moved lower at the opening of trading on April 21, outpacing most other laggards in the miscellaneous sector of the TSX Venture Exchange by dropping 12.0%. After closing the previous session at $0.125, shares of WRR:CA opened this morning at $0.11 and are currently trading at $0.11. So far, about 16,000 shares have changed hands, compared to an average 30-day volume of 152,370 for Walker River Resources Corp. Shares moved as high as $0.11 and as low as $0.11 in today’s early action.

The share depreciation gives the company a market capitalization of $9.09 million based upon 72.73 million shares outstanding.

In the past 52 weeks, shares of Walker River Resources Corp have traded as low as $0.045 and as high as $0.18. Technical traders will take note that at $0.11, shares of WRR:CA are trading above their 50-day moving average (MA) at $0.09 and above their 200-day MA at above $0.095. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath or holding under them is typically regarded as bearish.

Who is $Walker River?

Walker River Resources Corp is engaged in the process of identification, evaluation and acquisition of mineral properties as well as exploration of mineral properties. Its projects include Watshishou River Property, James Bay Project. and among others. The company is led by its CEO Micheal David from its headquarters at 1130 West Pender Street.


For more information on Walker River and other companies trading on the TSX Venture Exchange, as well as other Canadian and American stock exchanges, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

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About the TSX Venture Exchange

Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.

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