Westhaven Gold (CVE:WHN) Shares Up 7.7% - Here's Why

Key Points

• Westhaven Gold Corp. shares rose by 7.7%, reaching as high as C$0.23 before settling at C$0.21, with a significant increase in trading volume of 492% over the average.
• The company has a market capitalization of C$51.52 million and a negative price-to-earnings ratio of -21.00.
• Westhaven Gold is primarily focused on the acquisition and exploration of gold and silver deposits in Canada.

Westhaven Gold Corp. (CVE:WHN - )'s share price was up 7.7% on Monday . The stock traded as high as C$0.23 and last traded at C$0.21. Approximately 1,403,229 shares traded hands during trading, an increase of 492% from the average daily volume of 236,853 shares. The stock had previously closed at C$0.20.

Westhaven Gold Stock Up 7.7%

The company has a market cap of C$51.52 million, a price-to-earnings ratio of -21.00 and a beta of 0.81. The stock has a 50-day simple moving average of C$0.16 and a 200-day simple moving average of C$0.15. The company has a current ratio of 0.07, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

About Westhaven Gold

Westhaven Gold Corp., a junior exploration company, engages in the acquisition, exploration, and development of resource properties in Canada. The company primarily explores for gold and silver deposits. The company was formerly known as Westhaven Ventures Inc and changed its name to Westhaven Gold Corp.

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