West High Yield (W.H.Y.) Resources (CVE:WHY) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.35 and traded as high as C$0.36. West High Yield (W.H.Y.) Resources shares last traded at C$0.34, with a volume of 11,567 shares traded.

West High Yield (W.H.Y.) Resources Price Performance

The company has a current ratio of 0.08, a quick ratio of 0.26 and a debt-to-equity ratio of -110.28. The business’s fifty day moving average is C$0.35 and its 200 day moving average is C$0.40. The firm has a market capitalization of C$40.10 million, a P/E ratio of -8.38 and a beta of 0.80.

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. The company was incorporated in 2003 and is headquartered in Calgary, Canada.