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 share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.21 and traded as high as C$0.21. West High Yield (W.H.Y.) Resources shares last traded at C$0.21, with a volume of 43,988 shares traded.

West High Yield (W.H.Y.) Resources Trading Down 2.4 %

The firm has a market capitalization of C$19.24 million, a price-to-earnings ratio of -5.13 and a beta of 1.74. The firm has a 50 day moving average price of C$0.21 and a two-hundred day moving average price of C$0.28.

West High Yield (W.H.Y.) Resources (CVE:WHY) last announced its quarterly earnings results on Friday, August 23rd. The company reported C($0.01) earnings per share for the quarter.

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.