West High Yield (W.H.Y.) Resources (CVE:WHY) Shares Pass Above 50-Day Moving Average – What’s Next?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.26 and traded as high as C$0.26. West High Yield (W.H.Y.) Resources shares last traded at C$0.26, with a volume of 35,870 shares traded.

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

The company has a market cap of C$23.93 million, a P/E ratio of -6.38 and a beta of 1.74. The company has a 50 day moving average of C$0.26 and a 200-day moving average of C$0.26.

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.