West High Yield (W.H.Y.) Resources (CVE:WHY) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.41 and traded as low as C$0.41. West High Yield (W.H.Y.) Resources shares last traded at C$0.42, with a volume of 48,483 shares.

West High Yield (W.H.Y.) Resources Stock Up 1.2%

The company has a quick ratio of 0.26, a current ratio of 0.03 and a debt-to-equity ratio of -87.98. The business has a 50-day simple moving average of C$0.45 and a 200-day simple moving average of C$0.41. The company has a market cap of C$44.62 million, a PE ratio of -8.40 and a beta of 2.28.

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.