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

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of C$0.29 and traded as high as C$0.31. West High Yield (W.H.Y.) Resources shares last traded at C$0.29, with a volume of 31,927 shares traded.

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

The firm has a market cap of C$35.07 million, a price-to-earnings ratio of -7.00 and a beta of -0.25. The stock has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.31. The company has a quick ratio of 0.26, a current ratio of 0.13 and a debt-to-equity ratio of -132.92.

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.