West High Yield (W.H.Y.) Resources (CVE:WHY) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.31 and traded as high as C$0.32. West High Yield (W.H.Y.) Resources shares last traded at C$0.30, with a volume of 49,515 shares trading hands.

West High Yield (W.H.Y.) Resources Trading Down 4.8%

The company has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.35. The company has a current ratio of 0.12, a quick ratio of 0.26 and a debt-to-equity ratio of -127.47. The company has a market capitalization of C$36.25 million, a price-to-earnings ratio of -7.50 and a beta of 0.05.

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