US Tungsten Corp Reduces Outstanding Shares by 60 Percent

US Tungsten Corp recently announced that they have reduced their share outstanding by 60 percent. Mr. Markin president of USTU agreed to redeem 123,000,000 shares to the company treasury for cancellation.

The share price plunged 16.43 percent in today’s session to close at $0.585. The share price has touched the lowest of $0.17 in last one year while its highest stood at $0.74 in last 52 weeks. The share volume stood at 1.20 million shares while its average volume stood at 288,298.00 shares per day.

US Tungsten Corp currently doesn’t have any business. It is looking for some business. Previously it was dealing in acquisition and exploration of mineral properties in Canada. The company is settled in Henderson, Nevada.

 

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