West High Yield (W.H.Y.) Resources (CVE:WHY) Stock Price Down 6.1% – What’s Next?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) shares fell 6.1% during trading on Monday . The stock traded as low as C$0.23 and last traded at C$0.23. 110,295 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 83,128 shares. The stock had previously closed at C$0.25.

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

The stock has a 50-day moving average of C$0.25 and a 200 day moving average of C$0.24. The firm has a market capitalization of C$21.59 million, a P/E ratio of -5.75 and a beta of 1.74.

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.