West High Yield (W.H.Y.) Resources (CVE:WHY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.45 and traded as high as C$0.55. West High Yield (W.H.Y.) Resources shares last traded at C$0.49, with a volume of 140,196 shares.

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

The company has a debt-to-equity ratio of -87.98, a current ratio of 0.03 and a quick ratio of 0.26. The company has a 50 day simple moving average of C$0.45 and a 200-day simple moving average of C$0.40. The stock has a market cap of C$52.06 million, a P/E ratio of -9.80 and a beta of 2.02.

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.