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West High Yield Resources
(WHY)
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Rating:43Neutral
Price Target:
C$0.27
▼(-15.62% Downside)
Action:Reiterated
Date:07/03/26
The score is held down primarily by very weak financial performance—no revenue, recurring losses, negative equity, and ongoing cash burn—creating elevated funding and balance-sheet risk. Technical indicators are roughly neutral and do not offset the fundamental weakness, while valuation is also constrained by negative earnings and no dividend yield data.
Positive Factors
Improving free cash flow trend
A year-over-year improvement in TTM free cash flow indicates the company has begun to slow net cash outflows, showing early operational or cost controls that reduce near-term funding pressure. Over a 2–6 month horizon this can extend runway and lower immediate refinancing urgency, supporting execution of strategic initiatives if sustained.
Negative Factors
No revenue generation
The absence of revenue is a fundamental constraint: it means the company is not yet monetizing products or services, requiring continued capital to fund operations. Structurally, no top-line traction increases execution risk, extends the timeline to break-even, and makes the business reliant on external financing over the next 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving free cash flow trend
A year-over-year improvement in TTM free cash flow indicates the company has begun to slow net cash outflows, showing early operational or cost controls that reduce near-term funding pressure. Over a 2–6 month horizon this can extend runway and lower immediate refinancing urgency, supporting execution of strategic initiatives if sustained.
Read all positive factors
West High Yield Resources (WHY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$33.83M
Dividend YieldN/A
Average Volume (3M)141.95K
Price to Earnings (P/E)―
Beta (1Y)0.09
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 | 7.16M | 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
Negative
0.32
Price Trends
0.31
Negative
0.32
Negative
0.36
Negative
Market Momentum
>-0.01
Positive
38.38
Neutral
20.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WHY, the sentiment is Negative. The current price of 0.32 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.31, and below the 200-day MA of 0.36, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.38 is Neutral, neither overbought nor oversold. The STOCH value of 20.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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% | |
46 Neutral | C$43.49M | -22.65 | -4.12% | ― | 151.39% | 36.19% | |
44 Neutral | C$41.52M | -8.41 | -17.14% | ― | ― | -37.03% | |
43 Neutral | C$33.83M | -6.47 | 77.28% | ― | ― | -2.36% | |
42 Neutral | C$90.16M | -13.50 | 52.59% | ― | ― | -28.21% | |
41 Neutral | C$17.94M | -3.14 | 1107.55% | ― | ― | -13.57% |
* General Sector Average
TSE:WHY
West High Yield Resources
0.28
-0.06
-17.65%
TSE:BHS
Bayhorse Silver
0.05
<0.01
11.11%
TSE:FT
Fortune Minerals
0.14
0.06
68.75%
TSE:MD
Midland Exploration
0.39
0.04
10.00%
TSE:JUGR
Juggernaut Exploration
1.25
0.30
31.58%
TSE:DLP
DLP Resources
0.30
-0.04
-13.04%
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.