White Energy (ASX:WEC) Shares Up 3.2%

White Energy Company Limited (ASX:WEC) shares traded up 3.2% during trading on Friday . The stock traded as high as A$0.16 ($0.11) and last traded at A$0.16 ($0.11), 23,000 shares were traded during trading. A decline of 84% from the average session volume of 143,981 shares. The stock had previously closed at A$0.16 ($0.11).

The stock has a market cap of $82.61 million and a price-to-earnings ratio of -4.71. The business’s 50-day moving average is A$0.13.

White Energy Company Profile (ASX:WEC)

White Energy Company Limited engages in coal technology and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom. The company holds license for the Binderless Coal Briquetting technology, which processes poor quality coal into a higher quality product.

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