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

WHY.V

Industrial Materials · Basic Materials

Price

C$0.28

-0.01 (-5.08%)

Market Cap

C$33.8M

Exchange

Toronto Stock Exchange Ventures

Winston Score

–

No score yet — Winston is napping.

We couldn’t gather enough financial data to score this stock reliably.

Share count rising — dilution

+55.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 69.4M (2021) → 107.6M (2025)

West High Yield (W.H.Y.) Resources Ltd. is a small Canadian mineral exploration company focused on finding and developing magnesium deposits. Its main project is the Record Ridge property in British Columbia, Canada, which holds one of the largest known magnesium silicate (magnesite) deposits in North America. Magnesium is used in lightweight alloys for cars and aircraft, as well as in industrial and chemical applications.

The company is in the exploration stage, meaning it does not yet produce or sell any minerals, which explains its zero revenue and negative returns. It is listed on the TSX Venture Exchange and has a very small market capitalization, making it a speculative, early-stage investment. The key opportunity is the growing demand for lightweight magnesium in electric vehicles and aerospace, but the main risk is that exploration-stage companies frequently struggle to raise the capital needed to move a deposit into actual production.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

-30.1% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

Research and development spending

Insider Activity

25.3%ownership

Insiders own a meaningful stake in the company

Cash Runway

~7 months

$2M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Short runway — potential dilution ahead through share issuance

Cash watch

West High Yield (W.H.Y.) Resources has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Gross Margin

N/A

—

Data not available

Operating Margin

N/A

—

Data not available

ROCE

-46.5%

Weak — -46.5% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY

N/A

—

Data not available

EPS YoY

N/A

—

Data not available

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

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Cash Flow

Cash Conversion

N/A

—

Data not available

FCF Margin

N/A

—

Data not available

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Stability

Debt / Equity

N/A

—

Data not available

Interest Cover

N/A

Data not available

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Valuation

P/E Ratio (TTM)

N/M

—

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

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Dividends

Not applicable for this business.

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