Westhaven Gold (CVE:WHN) Trading Down 4% - Here's What Happened

Key Points

• Shares fell 4% to C$0.24 on Tuesday with only ~11,500 shares traded, a roughly 98% drop from the average daily volume of 537,692, signaling extremely light trading on the move.
• The company has a market capitalization of C$56.72 million and a negative P/E (‑23), while its 50‑day and 200‑day moving averages sit at C$0.26 and C$0.22, respectively.
• Westhaven Gold is a Vancouver‑based junior explorer focused on acquiring, exploring and developing gold and silver resource properties in Canada.

Westhaven Gold Corp. (CVE:WHN - )'s share price dropped 4% on Tuesday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 11,500 shares traded hands during trading, a decline of 98% from the average daily volume of 537,692 shares. The stock had previously closed at C$0.25.

Westhaven Gold Price Performance

The business's fifty day moving average price is C$0.26 and its 200-day moving average price is C$0.22. The company has a market capitalization of C$56.72 million, a P/E ratio of -23.00 and a beta of 1.78. The company has a current ratio of 6.27, a quick ratio of 1.03 and a debt-to-equity ratio of 0.41.

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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