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

Shares of West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.31 and traded as high as C$0.33. West High Yield (W.H.Y.) Resources shares last traded at C$0.30, with a volume of 22,569 shares trading hands.

West High Yield (W.H.Y.) Resources Trading Down 1.6%

The company has a current ratio of 0.12, a quick ratio of 0.26 and a debt-to-equity ratio of -127.47. The firm has a market cap of C$36.86 million, a PE ratio of -7.62 and a beta of 0.05. The company’s 50-day moving average is C$0.31 and its 200 day moving average is C$0.36.

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.