West High Yield (W.H.Y.) Resources (CVE:WHY) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.24 and traded as low as C$0.23. West High Yield (W.H.Y.) Resources shares last traded at C$0.24, with a volume of 96,909 shares.

West High Yield (W.H.Y.) Resources Price 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 firm’s 50 day moving average is C$0.25 and its 200 day moving average is C$0.24. The firm has a market cap of C$23.29 million, a P/E ratio of -5.92 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.