Yesterday, the Western Sierra Resource Corporation (OTCMKTS:WSRC) stock emerged as one of the notable gainers as it ended the day with gains of as much as 10% and it is likely that the stock is going to come into focus among investors today.
Trading Data
On Tuesday, WSRC stock gained 10% at $0.1046 with more than 1.02 million shares, compared to its average volume of 1.42 million shares. The stock has moved within a range of $0.0923 – 0.1080 after opening the trade at $0.0950.
Earnings Review
The company was in the news on Tuesday after it confirmed that it had filed the quarterly financial results for the period that had ended on September 30, 2021. There were some interesting numbers to see as well and it could be a good idea to take a closer look at some of the highlights.
In the third quarter, Western Sierra Resource managed to generated as much as $1202800 in the form of income from water assets utilisation fees. On the other hand, the company reported that it had assets worth as much as $50.8 million at the end of the quarter.
In this regard, it is also necessary to point out that back on October 27, 2021 Western Sierra Resource had also concluded the audits of the 2019 and 2020 financial year on OTC Markets concurrent. At this point in time, it might be a good move to keep the Western Sierra Resource in your watch lists.
Technical Data
WSRC stock is above the 20-Day and 50-Day Moving averages of $0.09 and $0.08 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.07. The stock is up 52% in the past month.
