West High Yield Resources (WHY) AI Stock Analysis

• Market Cap: C$41.43M
• Dividend Yield: N/A
• Average Volume (3M): 59.05K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.57
• Revenue Growth: N/A
• EPS Growth: -24.04%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 45
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 106,238,920
• 10 Day Avg. Volume: 71,466
• 30 Day Avg. Volume: 59,047
• PEG Ratio: -1.61
• Price to Book (P/B): -7.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -17.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 39 Underperform
• Price Target: ―

West High Yield Resources' overall stock score is low due to critical financial challenges, including negative equity and inadequate cash flows. While technical indicators show upward momentum, potential overbought conditions warrant caution. The successful private placement is a positive step, enhancing financial stability, but significant risks remain due to ongoing financial instability and lack of earnings.

West High Yield Resources Business Overview & Revenue Model

Company Description

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, iron, silica, and magnesium deposits. It holds 100% interest in the 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 in British Columbia. West High Yield (W.H.Y.) Resources Ltd. was incorporated in 2003 and is headquartered in Calgary, Canada.

How the Company Makes Money

West High Yield Resources generates revenue through the exploration and potential future extraction and sale of mineral resources, primarily magnesium, from its Record Ridge project. The company is still in the exploration and development phase, and its revenue model is primarily centered around raising capital through equity financing to fund its exploration activities. The company's future profitability depends on successfully developing its mineral properties into economically viable mining operations. Significant factors contributing to its earnings potential include strategic partnerships, securing necessary permits, and fluctuations in commodity prices that impact the valuation of its mineral resources.

West High Yield Resources Financial Statement Overview

Summary

West High Yield Resources faces severe financial challenges, with no revenue generation and continuous losses. The balance sheet shows high leverage with negative equity, and cash flows are inadequate to support operations without external funding. These factors pose significant risks to the company's sustainability and highlight the need for strategic restructuring or capital infusion.

Income Statement

The company consistently reports zero revenue over the years, which is highly concerning for long-term viability. The persistent negative net income indicates continual losses, exacerbating financial instability. Gross profit and EBIT margins are negative, reflecting the company's inability to control costs efficiently relative to its nonexistent revenue.

Balance Sheet

The company has a negative stockholders' equity, which highlights financial distress and potential insolvency risk. The debt-to-equity ratio cannot be calculated due to negative equity, but the high level of total debt relative to assets suggests significant leverage, posing potential liquidity risks.

Cash Flow

Operating cash flow is consistently negative, indicating fundamental challenges in generating cash from operations. Free cash flow is also negative, raising concerns about the company's ability to sustain its operations without external financing. The reliance on financing cash flow for cash needs suggests a precarious cash position.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-12.01K	-18.75K	-22.74K	-11.47K	-30.43K
EBITDA	-2.77M	-2.86M	-4.02M	-2.17M	-998.14K
Net Income	-4.30M	-3.14M	-3.81M	-2.56M	-1.35M
Balance Sheet
Total Assets	1.94M	1.85M	2.85M	4.40M	1.64M
Cash, Cash Equivalents and Short-Term Investments	245.39K	168.54K	1.05M	133.47K	18.02K
Total Debt	5.83M	2.52M	3.75M	5.34M	4.37M
Total Liabilities	8.18M	6.04M	5.86M	7.96M	6.72M
Stockholders Equity	-6.23M	-4.18M	-3.00M	-3.55M	-5.08M
Cash Flow
Free Cash Flow	-2.52M	-2.35M	-1.81M	-3.97M	-192.11K
Operating Cash Flow	-2.52M	-2.35M	-1.77M	-3.93M	-192.11K
Investing Cash Flow	-2.50K	0.00	-45.47K	-37.99K	-13.50K
Financing Cash Flow	2.60M	1.48M	2.72M	4.09M	214.77K

West High Yield Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.39
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WHY, the sentiment is Neutral. The current price of 0.39 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.43, and above the 200-day MA of 0.30, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.94 is Neutral, neither overbought nor oversold. The STOCH value of 13.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:WHY.

West High Yield Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	52 Neutral	C$2.96B	-1.55	-3.48%	6.54%	3.13%	-49.39%
GSP	49 Neutral	C$38.31M	―	-24.23%	―	―	56.08%
PGZ	48 Neutral	C$46.51M	―	-99.75%	―	―	49.63%
SURG	41 Neutral	C$53.83M	―	-3.82%	―	―	57.39%
WHY	39 Underperform	C$41.43M	―		―	―	-24.04%
FT	36 Underperform	C$48.22M	―	-20.64%	―	―	-20.34%
ARSMF	―	$32.05M	―	-26.21%	―	―	―

West High Yield Resources Corporate Events

West High Yield Resources Completes Oversubscribed Private Placement

West High Yield Resources Ltd. announced the final closing of its oversubscribed private placement, raising a total of $1,073,937.33 through the issuance of 4,669,290 units. The proceeds from this offering will be used to conclude the company’s permitting process, support essential operations, and cover general working capital expenses. This successful fundraising effort reflects strong investor confidence and positions the company to advance its strategic objectives, particularly in developing its Record Ridge project in British Columbia.

West High Yield Resources Completes Oversubscribed Private Placement

West High Yield Resources Ltd. has announced the final closing of its oversubscribed private placement, raising a total of $1,073,937.33 through the issuance of 4,669,290 units. The funds will be used to support the company’s permitting process, essential operations, and general working capital. The completion of this financing round highlights the company’s strategic focus on advancing its mineral projects and maintaining its operational momentum.

West High Yield Resources Closes First Tranche of Private Placement

West High Yield Resources Ltd. has announced the closing of the first tranche of its private placement offering, raising $674,220.33 through the issuance of 2,931,391 units. The funds will support the company’s permitting process, essential operations, and general working capital, potentially enhancing its operational capabilities and market position.

West High Yield Announces Private Placement and Magnesium Battery Breakthrough

West High Yield (W.H.Y.) Resources Ltd. announced a private placement offering to raise up to CAD$900,000 through the sale of units consisting of common shares and warrants. This initiative aims to support the company’s permitting process, essential operations, and working capital. Additionally, the company reported amendments to loan agreements with Big Mountain Development Corp Ltd. and highlighted a significant breakthrough in magnesium battery technology, potentially enhancing its market position and offering new opportunities for stakeholders.