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

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

🇺🇸WHYRF•OTC

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

🇺🇸WHYRF•OTC
Market cap
$34.82M
Sentiment

Your view on WHYRF

Mkt Cap
$34.82M
Sentiment
Your view
Company Overview

Overview

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

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. 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.

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

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. WHYRF last traded at $0.30; 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 -$0.05, beta 2.12 — 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 -$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 2008. 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 $34.8M 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 $0.17 and $0.58 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 $34.8M 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.

Discussion

Comments

Comments and replies from FRC members about this company.

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  • NVLHFNevada Lithium Resources Inc.

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  • SCYYFScandium International Mining Corp.
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WHYRF Analysis
Weak
Past1
Growth2
Health1
Profit1
Value1

Research Reports

1 report

FRC previously covered West High Yield (W.H.Y.) Resources Ltd. The reports below were published during active coverage.

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
4 notes
Mar 30, 2026· 7 months agoLatest

Company announcement

Receives temporary injunction

FRC Analyst's Comment

WHY received a temporary setback when a court issued an injunction, halting construction at its Record Ridge magnesium project in B.C., until a judicial review of the environmental approval can be completed. The project was originally approved in August 2025. The injunction was requested by a group of community members, and the judicial review hearing is set for May 5, 2026. WHY has filed to appeal the injunction, while continuing to defend its approvals and project plans.


Since the news, shares have remained relatively flat, suggesting the market is anticipating the issue will be resolved. This development is disappointing, especially given the project’s recent progress, including the announcement of a definitive forward sales agreement. With magnesium recognized as a critical mineral in North America and the EU, we believe the government is likely supportive of advancing production. That said, the injunction introduces uncertainty in development timelines. We are not changing our valuation, as our previous assumptions already conservatively forecasted production to begin in 2029–2030. We will continue to monitor the situation closely, and revisit our view after the May hearing.

Oct 27, 2025· 12 months ago

Company announcement

Record Ridge receives green-light permit to start development and operation

Read the announcement
FRC Analyst's Comment
Positive - WHY has received approval from the B.C. Ministry of Mines and Critical Minerals to develop and operate its Record Ridge magnesium project. The company will begin site preparation, small-scale mining, and preliminary ore sales to an undisclosed U.S. processor, potentially generating early cash flow. This milestone significantly de-risks the project. With magnesium recognized as a critical mineral in North America and the EU, there is strong momentum to build a domestic supply chain for essential minerals
Aug 25, 2025· 1y ago

Company announcement

Record Ridge cleared for permitting (QP: Rick Walker, B.Sc., M.Sc., P.Geo., WHY’s Geologist)

Read the announcement
FRC Analyst's Comment
Positive – WHY has secured a Final Designation Decision from the B.C. Environmental Assessment Office confirming its project does not require a full Environmental Assessment. This decision allows the company to move forward toward final permitting. Record Ridge hosts a large/high-grade magnesium deposit. Magnesium is classified as a critical mineral in North America and the EU. A 2022 PFS returned an AT-NPV5% of US$500M+ at current spot prices. WHY’s MCAP is just US$34M.
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