West High Yield (W.H.Y.) Resources (CVE:WHY) Shares Cross Above Fifty Day Moving Average – Here’s Why

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.40 and traded as high as C$0.43. West High Yield (W.H.Y.) Resources shares last traded at C$0.41, with a volume of 246,000 shares trading hands.

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

The company has a market capitalization of C$43.03 million, a price-to-earnings ratio of -8.10 and a beta of 2.02. The firm has a 50-day moving average price of C$0.40 and a 200-day moving average price of C$0.38. The company has a current ratio of 0.03, a quick ratio of 0.26 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.