West High Yield (W.H.Y.) Resources (CVE:WHY) Trading 10.3% Higher – Still a Buy?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY – Get Free Report) traded up 10.3% during trading on Thursday . The company traded as high as C$0.36 and last traded at C$0.32. 317,103 shares changed hands during mid-day trading, an increase of 320% from the average session volume of 75,545 shares. The stock had previously closed at C$0.29.

West High Yield (W.H.Y.) Resources Stock Down 11.8%

The business has a 50 day moving average of C$0.32 and a 200 day moving average of C$0.37. The company has a debt-to-equity ratio of -127.47, a current ratio of 0.12 and a quick ratio of 0.26. The firm has a market capitalization of C$36.25 million, a price-to-earnings ratio of -7.50 and a beta of 0.17.

About West High Yield (W.H.Y.) Resources

(Get Free Report)

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.

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