Westhaven Gold (CVE:WHN) Trading Up 8.7% - Time to Buy?

Key Points

• Shares jumped 8.7% to C$0.25 on Monday, trading about 1,040,014 shares — roughly 90% above the average daily volume of 547,124.
• The company has a market cap of C$61.65 million, is currently unprofitable (P/E -25), with moderate leverage (debt/equity 0.41) and strong short-term liquidity (current ratio 6.27, quick ratio 1.03); beta 1.78 signals higher volatility.
• Westhaven Gold is a Vancouver-based junior exploration firm focused on acquiring, exploring, and developing gold and silver projects in Canada.

Westhaven Gold Corp. (CVE:WHN - ) shares were up 8.7% during mid-day trading on Monday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 1,040,014 shares traded hands during trading, an increase of 90% from the average daily volume of 547,124 shares. The stock had previously closed at C$0.23.

Westhaven Gold Stock Up 8.7%

The company has a debt-to-equity ratio of 0.41, a current ratio of 6.27 and a quick ratio of 1.03. The company has a fifty day moving average price of C$0.26 and a 200 day moving average price of C$0.22. The company has a market cap of C$61.65 million, a PE ratio of -25.00 and a beta of 1.78.

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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