West High Yield (W.H.Y.) Resources (CVE:WHY) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$0.30 and traded as low as C$0.27. West High Yield (W.H.Y.) Resources shares last traded at C$0.27, with a volume of 22,100 shares trading hands.

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

The company has a current ratio of 0.13, a quick ratio of 0.26 and a debt-to-equity ratio of -132.92. The stock’s fifty day simple moving average is C$0.29 and its 200 day simple moving average is C$0.30. The company has a market cap of C$33.19 million, a price-to-earnings ratio of -6.62 and a beta of -0.25.

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. The company was incorporated in 2003 and is headquartered in Calgary, Canada.