West High Yield (W.H.Y.) Resources (CVE:WHY) Given a C$1.56 Price Target by Fundamental Research Analysts

Fundamental Research set a C$1.56 target price on West High Yield (W.H.Y.) Resources (CVE:WHY) in a research report report published on Tuesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

West High Yield (W.H.Y.) Resources Trading Up 1.3%

CVE:WHY opened at C$0.40 on Tuesday. The company has a market capitalization of C$45.84 million, a PE ratio of -7.90 and a beta of 2.28. West High Yield has a 52-week low of C$0.22 and a 52-week high of C$0.86. The stock’s 50 day moving average price is C$0.43 and its 200 day moving average price is C$0.42. The company has a quick ratio of 0.26, a current ratio of 0.03 and a debt-to-equity ratio of -87.98.

West High Yield (W.H.Y.) Resources Company Profile

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.