West High Yield (W.H.Y.) Resources (CVE:WHY) Stock Crosses Below 200-Day Moving Average – Time to Sell?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

West High Yield (W.H.Y.) Resources Stock Up 2.2 %

The business has a 50-day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.24. The company has a debt-to-equity ratio of -87.98, a quick ratio of 0.26 and a current ratio of 0.03. The company has a market capitalization of C$23.79 million, a price-to-earnings ratio of -6.05 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.