WesternZagros Resources Ltd. (WZR)


WesternZagros Resources Ltd. (CVE:WZR), (PINK:WZGRF) Stock Notes a 52-week... May 31, 2011

The shares of WesternZagros Resources Ltd. ( CVE:WZR ), (PINK:WZGRF) went out of the trading borders in which they were during the last four months. They made this in a style, producing a new 52-week high of $0.74 on the Canadian market yesterday. No new announcements were released on Monday, but there was news from last Thursday. Perhaps, it has contributed to the rise of the stock. The advance was significant indeed. WZR jumped by almost 23% and closed at $0.70. The volume was huge too...read more

WesternZagros Resources Ltd. (CVE:WZR), (PINK:WZGRF) Stock Yields Negative... November 09, 2010

Yesterday, WesternZagros Resources Ltd. ( CVE:WZR ), (PINK:WZGRF) stock yielded negative specific gravity, although the company released the successful first cased hole test of the Lower Oligocene formation in the Kurdamir-1 exploration well. The wide trading range of WZR signaled that investors reached no consensus on the fair price of the shares. After two trading sessions of strong upward direction, as opposed to the expectations of a lot of investors, on the day of the released by...read more

WesternZagros Resources Ltd. (CVE:WZR), (PINK:WZGRF) Stock Is Simply Demanded October 12, 2010

Today is exactly a week since WesternZagros Resources Ltd. ( CVE:WZR ),(PINK:WZGRF) stock revived. On no company's news for almost two months, WZR shares were just actively traded in short and long positions. During yesterday's trading session, the strong trading volume had not been seen since this spring. WZR closed the session at $0.56 per share, valued by investors three times less than its 52-week high. The last official information about WesternZagros Resources Ltd. that was able to...read more

WesternZagros Resources Ltd. (CVE:WZR) Still Sticks To Price Channel May 11, 2010

WesternZagros Resources Ltd. ( CVE:WZR ) hit the floor once again with a hint of coming back up. However, the price still seems indecisive after this third support test. The recent collapse of this Canadian stock came in on a pure technical consolidation channel breakdown. Testing the support at $0.6 once again, the price failed to rally back up with confidence it had after the previous bounces. History suggests that it should go up, while the current behavior says it's rather...read more