West High Yield (W.H.Y.) Resources (CVE:WHY) Shares Pass Above 50 Day Moving Average – Should You Sell?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.42 and traded as high as C$0.53. West High Yield (W.H.Y.) Resources shares last traded at C$0.49, with a volume of 270,695 shares traded.

West High Yield (W.H.Y.) Resources Trading Down 3.9%

The stock has a market capitalization of C$52.06 million, a P/E ratio of -9.80 and a beta of 2.02. The company has a current ratio of 0.03, a quick ratio of 0.26 and a debt-to-equity ratio of -87.98. The stock’s fifty day moving average price is C$0.42 and its two-hundred day moving average price is C$0.39.

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.