West High Yield (W.H.Y.) Resources (CVE:WHY) Shares Cross Below 200-Day Moving Average – Here’s Why

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY)’s share price crossed below its two hundred day moving average during trading on Wednesday . 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 132,756 shares changing hands.

West High Yield (W.H.Y.) Resources Trading Up 4.3 %

The company has a market capitalization of C$22.52 million, a PE ratio of -6.00 and a beta of 1.74. The business has a fifty day moving average of C$0.26 and a 200 day moving average of C$0.24.

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.