West High Yield (W.H.Y.) Resources (CVE:WHY) Shares Up 2% – Here’s Why

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) shares traded up 2% on Wednesday . The company traded as high as C$0.26 and last traded at C$0.26. 42,501 shares were traded during mid-day trading, a decline of 47% from the average session volume of 79,836 shares. The stock had previously closed at C$0.26.

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

The stock’s 50 day simple moving average is C$0.24 and its two-hundred day simple moving average is C$0.27. The firm has a market cap of C$23.46 million, a P/E ratio of -6.25 and a beta of 1.74.

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.