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West High Yield Resources
(WHY)
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Rating:45Neutral
Price Target:
C$0.33
▼(-17.00% Downside)
Action:Upgraded
Date:06/17/26
The score is primarily held down by very weak financial performance (no revenue, ongoing losses, negative equity, and continued cash burn), which materially increases funding and balance-sheet risk. Technicals provide only modest support via short-term strength versus longer-term downtrend signals, while valuation is constrained by loss-making results and the absence of dividend yield.
Positive Factors
Improving free cash flow
TTM free cash flow improvement signals the company is reducing its cash burn rate relative to the prior year. That trend, if sustained, lengthens runway, makes future funding needs smaller or cheaper, and indicates operational adjustments that improve long-term cash generation prospects.
Negative Factors
No revenue
The absence of revenue is a fundamental constraint: without top-line receipts the company cannot validate its business model or self-fund operations. This structural gap forces dependence on financing, delays path to profitability, and raises execution risk over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving free cash flow
TTM free cash flow improvement signals the company is reducing its cash burn rate relative to the prior year. That trend, if sustained, lengthens runway, makes future funding needs smaller or cheaper, and indicates operational adjustments that improve long-term cash generation prospects.
Read all positive factors
West High Yield Resources (WHY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$40.48M
Dividend YieldN/A
Average Volume (3M)141.95K
Price to Earnings (P/E)―
Beta (1Y)0.05
Revenue GrowthN/A
EPS Growth-2.36%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.05
Shares Outstanding120,838,790
10 Day Avg. Volume185,973
30 Day Avg. Volume141,946
Financial Highlights & Ratios
PEG Ratio1.23
Price to Book (P/B)-7.59
Price to Sales (P/S)0.00
P/FCF Ratio-17.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
West High Yield Resources Business Overview & Revenue Model
Company Description
West High Yield (W.H.Y.) Resources Ltd. is a Canadian firm dedicated to the discovery, evaluation, and development of various mineral deposits. Its exploration efforts target valuable commodities like gold, nickel, iron, silica, and magnesium. A k...
How the Company Makes Money
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West High Yield Resources Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
7
Very Negative
Cash Flow
10
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -9.96K | -12.01K | -18.75K | -22.74K | -11.47K |
| EBITDA | -2.41M | -2.77M | -2.86M | -4.02M | -2.17M |
| Net Income | -4.53M | -4.30M | -3.14M | -3.81M | -2.56M |
Balance Sheet | |||||
| Total Assets | 3.33M | 1.94M | 1.85M | 2.85M | 4.40M |
| Cash, Cash Equivalents and Short-Term Investments | 431.41K | 245.39K | 168.54K | 1.05M | 133.47K |
| Total Debt | 6.72M | 5.83M | 2.52M | 3.75M | 5.34M |
| Total Liabilities | 9.44M | 8.18M | 6.04M | 5.86M | 7.96M |
| Stockholders Equity | -6.09M | -6.23M | -4.18M | -3.00M | -3.55M |
Cash Flow | |||||
| Free Cash Flow | -2.70M | -2.52M | -2.35M | -1.81M | -3.97M |
| Operating Cash Flow | -2.70M | -2.52M | -2.35M | -1.77M | -3.93M |
| Investing Cash Flow | -1.02M | -2.50K | 0.00 | -45.47K | -37.99K |
| Financing Cash Flow | 3.90M | 2.60M | 1.48M | 2.72M | 4.09M |
West High Yield Resources Technical Analysis
Positive
0.40
Price Trends
0.32
Positive
0.34
Negative
0.38
Negative
Market Momentum
<0.01
Negative
55.08
Neutral
43.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WHY, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.32, and above the 200-day MA of 0.38, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.08 is Neutral, neither overbought nor oversold. The STOCH value of 43.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WHY.
West High Yield Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$98.46M | -15.00 | 52.59% | ― | ― | -28.21% | |
46 Neutral | C$46.88M | -24.41 | -4.60% | ― | 151.39% | 36.19% | |
45 Neutral | C$40.48M | -7.74 | 77.28% | ― | ― | -2.36% | |
44 Neutral | C$34.21M | -6.93 | -14.62% | ― | ― | -37.03% | |
41 Neutral | C$16.15M | -2.83 | 510.34% | ― | ― | -13.57% |
* General Sector Average
TSE:WHY
West High Yield Resources
0.34
-0.10
-23.86%
TSE:BHS
Bayhorse Silver
0.05
<0.01
12.50%
TSE:FT
Fortune Minerals
0.16
0.07
82.35%
TSE:MD
Midland Exploration
0.43
0.10
32.81%
TSE:JUGR
Juggernaut Exploration
1.05
0.32
43.84%
TSE:DLP
DLP Resources
0.21
-0.12
-36.36%
West High Yield Resources Corporate Events
Business Operations and StrategyPrivate Placements and Financing
West High Yield Raises $90,000 Through Stock Option Exercises
Positive
Apr 15, 2026
West High Yield (W.H.Y.) Resources Ltd., a junior Canadian mining exploration and development company, is advancing its Record Ridge critical mineral deposit near Rossland, British Columbia, which hosts a substantial measured and indicated magnesi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.