West High Yield (W.H.Y.) Resources (CVE:WHY) Stock Price Up 35.3% – Still a Buy?

West High Yield (W.H.Y.) Resources Ltd. (CVE:WHY) shot up 35.3% during mid-day trading on Saturday . The stock traded as high as C$0.46 and last traded at C$0.46. 273,638 shares were traded during trading, an increase of 142% from the average session volume of 112,900 shares. The stock had previously closed at C$0.34.

Key Stories Impacting West High Yield (W.H.Y.) Resources

Here are the key news stories impacting West High Yield (W.H.Y.) Resources this week:

• Neutral Sentiment: No articles were provided to summarize. Please paste the news items, headlines or links you want summarized and I will produce a concise investor-focused summary highlighting why the stock is moving.
• Neutral Sentiment: If helpful, include: article headline, publication time, a short excerpt or link, and whether the news is company‑released or third‑party coverage. This lets me prioritize the most market‑moving items first.
• Neutral Sentiment: Quick trading context (reference): volume ~273,638 vs avg ~112,900; 50-day MA C$0.39; 200-day MA C$0.41; 52‑week range C$0.22–C$0.86. For verification: MarketBeat WHY page

Analysts Set New Price Targets

Separately, Fundamental Research set a C$1.56 price objective on West High Yield (W.H.Y.) Resources and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, West High Yield (W.H.Y.) Resources currently has a consensus rating of “Buy” and an average target price of C$1.56.

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

The firm has a fifty day moving average of C$0.39 and a 200-day moving average of C$0.41. The company has a quick ratio of 0.26, a current ratio of 0.03 and a debt-to-equity ratio of -87.98. The stock has a market capitalization of C$53.39 million, a price-to-earnings ratio of -11.50 and a beta of 1.08.

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.