West High Yield (W.H.Y.) Resources (CVE:WHY) Stock Price Down 5.7% – Here’s Why

Shares of West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) fell 5.7% during trading on Friday. The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 175,305 shares changed hands during mid-day trading, an increase of 142% from the average session volume of 72,363 shares. The stock had previously closed at C$0.27.

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

The company has a debt-to-equity ratio of -132.92, a quick ratio of 0.26 and a current ratio of 0.13. The stock’s 50-day moving average is C$0.28 and its two-hundred day moving average is C$0.32. The stock has a market cap of C$31.32 million, a PE ratio of -6.25 and a beta of -0.39.

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.