West High Yield (W.H.Y.) Resources (CVE:WHY) Trading Up 37.5% – Should You Buy?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) shares were up 37.5% on Friday . The stock traded as high as C$0.44 and last traded at C$0.44. Approximately 146,901 shares were traded during trading, an increase of 56% from the average daily volume of 94,260 shares. The stock had previously closed at C$0.32.

West High Yield (W.H.Y.) Resources Trading Down 10.2%

The firm has a market capitalization of C$39.99 million, a P/E ratio of -10.17 and a beta of 1.74. The company has a debt-to-equity ratio of -87.98, a quick ratio of 0.26 and a current ratio of 0.03. The firm has a 50 day moving average price of C$0.30 and a two-hundred day moving average price of C$0.27.

About West High Yield (W.H.Y.) Resources

West High Yield (W.H.Y.) Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in British Columbia, Canada. The company explores for gold, nickel, silica, and magnesium deposits. Its flagship property is its 100% owned Record Ridge property comprising 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim covering an area of 8,972 hectares located near southwest of the city of Rossland, British Columbia.