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West High Yield (W.H.Y.) Resources Ltd. Stock AnalysisComprehensive stock analysis for West High Yield (W.H.Y.) Resources Ltd. (WHY.V) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisWHY.V
WHY.V
West High Yield (W.H.Y.) Resources Ltd.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
WHY.V
Home🔹Stocks🔹West High Yield (W.H.Y.) Resources Ltd.

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

FRC Coverage
🇨🇦WHY.V•TSXV

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

FRC Coverage
🇨🇦WHY.V•TSXV
Sentiment

Your view on WHY.V

Sentiment
Your view
WHY.V
West High Yield (W.H.Y.) Resources Ltd.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
WHY.V
Company Overview

Overview

What the company does, where it operates, and who runs it.

*West High Yield (W.H.Y.) Resources Ltd. has paid FRC a fee for research coverage and distribution of reports.

About West High Yield (W.H.Y.) Resources Ltd.

Industry
Industrial Materials
Sector
Basic Materials
CEO
Frank Marasco Jr.
Headquarters
PO Box 68121, Calgary, AB, CA
Industry
Industrial Materials
Sector
Basic Materials
CEO
Frank Marasco Jr.
Headquarters
PO Box 68121, Calgary, AB, CA
Description

West High Yield (W.H.Y.) Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada.

Its flagship property is its 100% owned Record Ridge property that includes 29 contiguous mineral claims, eight crown-granted claims, and one privately owned claim covering an area of 8,972 hectares located near southwest of Rossland, British Columbia.

FRC Research
Buy
Fair Value Estimate
CAD$1.56

B.C. Critical Minerals Project Gets Green Light

Report · Dec 1, 2025

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FRC Research
Buy
Fair Value Estimate
CAD$1.56

B.C. Critical Minerals Project Gets Green Light

Report · Dec 1, 2025

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for West High Yield (W.H.Y.) Resources Ltd., and the rating behind it. WHY.V last traded at C$0.40; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for West High Yield (W.H.Y.) Resources Ltd.. Starting points for West High Yield (W.H.Y.) Resources Ltd.: EPS -C$0.05, beta 2.15 — an Industrial Materials name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for West High Yield (W.H.Y.) Resources Ltd.. West High Yield (W.H.Y.) Resources Ltd. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for West High Yield (W.H.Y.) Resources Ltd.. Trailing twelve-month EPS for West High Yield (W.H.Y.) Resources Ltd. stands at -C$0.05. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for West High Yield (W.H.Y.) Resources Ltd.. West High Yield (W.H.Y.) Resources Ltd. has reported as a listed company since 2006. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

West High Yield (W.H.Y.) Resources Ltd. valued side by side against its closest peers. West High Yield (W.H.Y.) Resources Ltd. is measured against Industrial Materials peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold West High Yield (W.H.Y.) Resources Ltd., and how their positions are changing. At a C$42.5M market value, institutional positions materially move West High Yield (W.H.Y.) Resources Ltd.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by West High Yield (W.H.Y.) Resources Ltd. executives and directors. Shares of West High Yield (W.H.Y.) Resources Ltd. have traded between C$0.22 and C$0.86 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming West High Yield (W.H.Y.) Resources Ltd.. West High Yield (W.H.Y.) Resources Ltd. is a C$42.5M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming West High Yield (W.H.Y.) Resources Ltd.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for West High Yield (W.H.Y.) Resources Ltd.. Coverage tracks West High Yield (W.H.Y.) Resources Ltd. within Industrial Materials (Basic Materials). Press releases and market coverage, newest first.

Peer companies

  • AMY.V — RecycLiCo Battery Materials Inc.
  • AVL.TO — Avalon Advanced Materials Inc.
  • DAN.V — Arianne Phosphate Inc.
  • FT.TO — Fortune Minerals Limited
  • GMA.V — Geomega Resources Inc.
  • MD.V — Midland Exploration Inc.
  • NMI.V — Namibia Critical Metals Inc.

More Industrial Materials companies

  • BKMM — Bekem Metals, Inc.
  • BKSLF — Banks Island Gold Ltd.
  • BKT.AX — Black Rock Mining Ltd
  • BKTPF — Cruz Battery Metals Corp.
  • BLLYF — 80 Mile Plc
  • BLNMF — Blue Note Mining Inc.
  • BLTH — American Battery Materials, Inc.
  • BM8.AX — Battery Age Minerals Ltd
  • BML.AX — Boab Metals Limited
  • BMLQF — Boab Metals Limited
  • BMM.AX — Bayan Mining and Minerals Limited
  • BMM.V — Black Mammoth Metals Corporation

Research Reports

1 report

*West High Yield (W.H.Y.) Resources Ltd. has paid FRC a fee for research coverage and distribution of reports.

Dec 1, 2025

B.C. Critical Minerals Project Gets Green Light

West High Yield has secured permit approval from the B.C. Ministry of Mines and Critical Minerals to advance its Record Ridge magnesium project into open-pit development.

Thumbnail for B.C. Critical Minerals Project Gets Green Light
2 reports
Feb 28, 2023

Potential for Reducing Reliance on China & Russia for Critical Minerals – Initiating Coverage

PDF
Mar 24, 2009

Magnesium Resource in Rossland Mining Camp, BC - Initiating Coverage

PDF
11 notes

*West High Yield (W.H.Y.) Resources Ltd. has paid FRC a fee for research coverage and distribution of reports.

Jun 29, 2026·2 months agoLatest
Company Announcement

Secures Another Key Permit for its Record Ridge Critical Mineral Project (Magnesium) in B.C.

FRC Analyst's Comment

WHY has received a permit authorizing construction and use of an access road connecting the provincial highway to its Record Ridge project, marking another key regulatory milestone. The company has already secured approval to construct and operate a mine. We believe each permitting milestone further de-risks the project and strengthens its appeal to potential financing and strategic partners.

Record Ridge hosts one of North America's largest high-grade magnesium deposits. Magnesium is designated as a critical mineral by Canada, the U.S., and the EU, with North America remaining heavily reliant on imports.

Jun 29, 20262 months agoLatest
Jun 15, 2026·2 months ago
Company Announcement

Scores major legal win for its Record Ridge Critical Mineral Project (Magnesium) in B.C.

FRC Analyst's Comment

The Supreme Court of B.C. has dismissed a judicial review petition challenging the B.C. Environmental Assessment Office's determination that the Record Ridge project is not subject to a provincial environmental assessment. We believe the ruling removes a major regulatory overhang and lifts the temporary injunction that had restricted construction activities. As a result, WHY now has a clearer pathway to secure the remaining permits required to advance the project toward construction.

Record Ridge hosts a large magnesium deposit. Magnesium is designated by the U.S., EU, and Canada as a critical mineral, with North America relying heavily on imports.

Jun 15, 20262 months ago
May 25, 2026·3 months ago
Company Announcement

Another Key Regulatory Milestone at its Record Ridge Critical Mineral Project (Magnesium) in B.C.

FRC Analyst's Comment

WHY received a draft Environmental Management Act permit (environmental approval), marking a key regulatory milestone, following the mine construction and operating permit received in October 2025, and the preliminary road access approval received earlier this year. The new permit comes despite an ongoing court challenge related to the government’s earlier decision that the project did not require a full environmental assessment.

WHY noted that remaining permits are in final review, while pilot plant testing and construction financing discussions continue to advance. We believe the latest approval slightly eases concerns following the recent injunction, as it indicates regulators continue advancing the project. WHY is pursuing a $1.8M equity financing.

May 25, 20263 months ago
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