Westhaven Gold (CVE:WHN) Stock Price Down 12.3% - Time to Sell?

Key Points

• Price drop: Westhaven Gold's stock fell 12.3% to C$0.25 on Tuesday, with volume surging about 97% to 866,631 shares versus the average of 440,597.
• Fundamentals & technicals: The company has a market cap of C$61.65 million and a negative P/E (-25.00), with debt-to-equity 0.41, quick ratio 1.03, current ratio 6.27, and 50‑/200‑day moving averages of C$0.27 and C$0.23.
• Business profile: Westhaven Gold is a Vancouver‑based junior exploration company that acquires, explores and develops gold and silver properties in Canada.

Westhaven Gold Corp. (CVE:WHN - )'s stock price fell 12.3% during trading on Tuesday . The stock traded as low as C$0.25 and last traded at C$0.25. 866,631 shares changed hands during mid-day trading, an increase of 97% from the average session volume of 440,597 shares. The stock had previously closed at C$0.29.

Westhaven Gold Stock Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.03 and a current ratio of 6.27. The stock has a market cap of C$61.65 million, a PE ratio of -25.00 and a beta of 1.81. The company's 50 day simple moving average is C$0.27 and its 200 day simple moving average is C$0.23.

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. in June 2020. Westhaven Gold Corp. was incorporated in 1998 and is headquartered in Vancouver, Canada.

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