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West High Yield (W.H.Y.) Resources (CVE:WHY)‘s stock had its “buy” rating restated by investment analysts at Fundamental Research in a note issued to investors on Tuesday, reports. They currently have a C$0.82 price objective on the stock, down from their previous price objective of C$1.57. Fundamental Research‘s price objective would indicate a potential upside of 127.78% from the stock’s previous close.

The analysts wrote, “Fundamental Research Corp has issued an update entitled “West High Yield Resources Ltd. (TSXV: WHY) – PEA for the Record Ridge Magnesium Property“ and dated April 22, 2014. The full report is now at”

To view Fundamental Research’s full report, visit Fundamental Research’s official website.

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