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

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.42 and traded as low as C$0.39. West High Yield (W.H.Y.) Resources shares last traded at C$0.39, with a volume of 41,921 shares traded.

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

The company has a market capitalization of C$41.43 million, a price-to-earnings ratio of -7.80 and a beta of 2.28. The firm’s 50 day simple moving average is C$0.44 and its 200-day simple moving average is C$0.42. The company has a debt-to-equity ratio of -87.98, a quick ratio of 0.26 and a current ratio of 0.03.

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.