Should I buy or sell West High Yield (W.H.Y.) Resources stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West High Yield (W.H.Y.) Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WHY shares. View WHY analyst ratings or view top-rated stocks .

What is West High Yield (W.H.Y.) Resources' stock price target for 2024?

1 brokers have issued 1-year price targets for West High Yield (W.H.Y.) Resources' shares. Their WHY share price targets range from C$1.95 to C$1.95. On average, they anticipate the company's share price to reach C$1.95 in the next twelve months. This suggests a possible upside of 712.5% from the stock's current price. View analysts price targets for WHY or view top-rated stocks among Wall Street analysts .

How have WHY shares performed in 2023?

West High Yield (W.H.Y.) Resources' stock was trading at C$0.40 at the beginning of the year. Since then, WHY stock has decreased by 40.0% and is now trading at C$0.24. View the best growth stocks for 2023 here .

When is West High Yield (W.H.Y.) Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our WHY earnings forecast .

What other stocks do shareholders of West High Yield (W.H.Y.) Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other West High Yield (W.H.Y.) Resources investors own include New Age Brands (NF) , Mawson Gold (MAW) , International Lithium (ILC) , Great Lakes Graphite (GLK) , GeneNews (GEN) , Enerplus (ERF) , Canadian Natural Resources (CNQ) , Copper Mountain Mining (CMMC) , Bolt Biotherapeutics (BOLT) and Bank of Nova Scotia (BNS) .

How do I buy shares of West High Yield (W.H.Y.) Resources?

Shares of WHY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

West High Yield (W.H.Y.) Resources Stock Price, News & Analysis (CVE:WHY)

C$0.24

0.00 (0.00%)

(As of 12/8/2023 05:18 PM ET)

Compare

Today's Range: C$0.24
▼
C$0.25
50-Day Range: C$0.21
▼
C$0.26
52-Week Range: C$0.21
▼
C$0.52

Volume: 54,300 shs
Average Volume: 78,401 shs
Market Capitalization: C$21.48 million

P/E Ratio: N/A
Dividend Yield: 4.62%
Price Target: C$1.95

Stock Analysis Analyst Forecasts Chart Earnings Headlines

West High Yield (W.H.Y.) Resources MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 712.5% Upside
C$1.95 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
West High Yield (W.H.Y.) Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.95, West High Yield (W.H.Y.) Resources has a forecasted upside of 712.5% from its current price of C$0.24.
Amount of Analyst Coverage
West High Yield (W.H.Y.) Resources has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for WHY.

1.7

Dividend Strength

Dividend Leadership
West High Yield (W.H.Y.) Resources is a leading dividend payer. It pays a dividend yield of 4.62%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
West High Yield (W.H.Y.) Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WHY.

0.6

News and Social Media Coverage

Search Interest
1 people have searched for WHY on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, West High Yield (W.H.Y.) Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
29.62% of the stock of West High Yield (W.H.Y.) Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of West High Yield (W.H.Y.) Resources is -6.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of West High Yield (W.H.Y.) Resources is -6.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About West High Yield (W.H.Y.) Resources Stock (CVE:WHY)

West High Yield (W.H.Y.) Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in 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 covering an area of 8,972 hectares located in British Columbia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

WHY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WHY Stock News Headlines

November 2, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Second Tranche Closing of Private Placement

October 26, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Terms of Consultancy Mandate Agreement

December 9, 2023 | Wealthpress (Ad)

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October 25, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Submits Amended Record Ridge Permit Application

September 26, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Private Placement Repricing

September 26, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Appointment of New Auditor

September 13, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Private Placement Offering

September 11, 2023 | finance.yahoo.com

Osoyoos Indian Band Signs Cooperation Agreement with West High Yield Resources for the Record Ridge Magnesium Project

December 9, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

September 8, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Issues Clarifying News Release

July 25, 2023 | finance.yahoo.com

West High Yield Resources Provides Strategic and Critical Minerals/ Magnesium Market Updates

July 4, 2023 | finance.yahoo.com

West High Yield Resources Provides an Update on Permit Application for Its Record Ridge Magnesium Project

June 28, 2023 | ca.finance.yahoo.com

WHY.V - West High Yield (W.H.Y.) Resources Ltd.

April 5, 2023 | finanznachrichten.de

West High Yield (W.H.Y.) Resources Ltd.: West High Yield Provides a Corporate Update

April 5, 2023 | finance.yahoo.com

West High Yield Provides a Corporate Update

April 1, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. (WHY.V)

February 21, 2023 | morningstar.com

West High Yield (W.H.Y.) Resources Ltd WHYRF Stock Quote

February 20, 2023 | benzinga.com

West High Yield (W.H.Y.) Resources Ltd. Invites Shareholders and Investment Community to Visit Them at Booth 3332 at PDAC 2023 in Toronto, March 5-8

February 13, 2023 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Terms of Marketing Consulting Agreement

February 1, 2023 | finanznachrichten.de

West High Yield (W.H.Y.) Resources Ltd. Completes 2022 Core Assay Program and Discovers New Vein-Hosted Gold to 32.5 g/t

January 26, 2023 | wsj.com

West High Yield (W.H.Y.) Resources Ltd. Announces Final Closing of Oversubscribed Private Placement

January 18, 2023 | benzinga.com

West High Yield (W.H.Y.) Resources Ltd. Announces Second Tranche Closing of Oversubscribed Private Placement

January 7, 2023 | morningstar.com

West High Yield (W.H.Y.) Resources Ltd WHY Stock Quote

December 23, 2022 | yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces First Tranche Closing of Oversubscribed Private Placement

December 20, 2022 | finance.yahoo.com

IIROC Trading Resumption - WHY

December 13, 2022 | finance.yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Flow-Through and Standard Private Placement Offerings

November 30, 2022 | yahoo.com

West High Yield (W.H.Y.) Resources Ltd. Announces Signing of Services Agreement and Termination of Market-Making Agreement

See More Headlines

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Company Calendar

Today: 12/09/2023
Next Earnings (Estimated): 4/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: CVE
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: CVE:WHY
CUSIP: N/A
CIK: N/A
Web: www.whyresources.com
Phone: +1-403-6603488
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$1.95
High Stock Price Target: C$1.95
Low Stock Price Target: C$1.95
Potential Upside/Downside: +712.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-3,090,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: -82.26%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.04
Quick Ratio: 0.26

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.01 per share
Price / Cash Flow: 24.21
Book Value: C($0.05) per share
Price / Book: -4.80

Miscellaneous

Outstanding Shares: 89,480,000
Free Float: N/A
Market Cap: C$21.48 million
Optionable: Not Optionable
Beta: 1.96

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Key Executives

Mr. Frank Marasco Jr. (Age 67)
Founder, President, CEO & Director
Comp: $321k
Ms. Shelina Hirji C.M.A. (Age 60)
CPA, CMA, Chief Financial Officer
Comp: $171.88k
Ms. Maria Marasco
Accountant & Director
Mr. Barry Baim
Corporate Secretary & Independent Director
Mr. Ross O. Drysdale LLB (Age 75)
Legal Counsel
Comp: $3.5k
Mr. James Gregory Davison M.Sc.
P.Geo., Senior Geologist, Technical Advisor & QP

Key Competitors

View All Competitors

WHY Stock Analysis - Frequently Asked Questions

Should I buy or sell West High Yield (W.H.Y.) Resources stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for West High Yield (W.H.Y.) Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WHY shares.
View WHY analyst ratings or view top-rated stocks.
What is West High Yield (W.H.Y.) Resources' stock price target for 2024?: 1 brokers have issued 1-year price targets for West High Yield (W.H.Y.) Resources' shares. Their WHY share price targets range from C$1.95 to C$1.95. On average, they anticipate the company's share price to reach C$1.95 in the next twelve months. This suggests a possible upside of 712.5% from the stock's current price.
View analysts price targets for WHY or view top-rated stocks among Wall Street analysts.
How have WHY shares performed in 2023?: West High Yield (W.H.Y.) Resources' stock was trading at C$0.40 at the beginning of the year. Since then, WHY stock has decreased by 40.0% and is now trading at C$0.24.
View the best growth stocks for 2023 here.
When is West High Yield (W.H.Y.) Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our WHY earnings forecast.

What other stocks do shareholders of West High Yield (W.H.Y.) Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other West High Yield (W.H.Y.) Resources investors own include New Age Brands (NF), Mawson Gold (MAW), International Lithium (ILC), Great Lakes Graphite (GLK), GeneNews (GEN), Enerplus (ERF), Canadian Natural Resources (CNQ), Copper Mountain Mining (CMMC), Bolt Biotherapeutics (BOLT) and Bank of Nova Scotia (BNS).
How do I buy shares of West High Yield (W.H.Y.) Resources?: Shares of WHY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (CVE:WHY) was last updated on 12/9/2023 by MarketBeat.com Staff

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West High Yield (W.H.Y.) Resources Stock Price, News & Analysis (CVE:WHY)