West High Yield (W.H.Y.) Resources (CVE:WHY) Trading 35.3% Higher – Time to Buy?

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

Key West High Yield (W.H.Y.) Resources News

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

Wall Street Analysts Forecast Growth

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

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

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 firm’s fifty day moving average price is C$0.39 and its 200 day moving average price is C$0.41. The stock has a market cap of C$53.39 million, a PE 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.