Westhaven Gold (CVE:WHN) Stock Price Up 51.5% – Still a Buy?

by · The Markets Daily

Shares of Westhaven Gold Corp. (CVE:WHN – Get Free Report) rose 51.5% during mid-day trading on Monday . The stock traded as high as C$0.27 and last traded at C$0.25. Approximately 5,120,824 shares were traded during trading, an increase of 1,872% from the average daily volume of 259,677 shares. The stock had previously closed at C$0.17.

Trending Headlines about Westhaven Gold

Here are the key news stories impacting Westhaven Gold this week:

  • Positive Sentiment: The earn‑in agreement with Dundee commits up to C$85 million to advance Westhaven’s Spences Bridge gold projects — this brings material project funding, accelerates planned exploration and resource work, and adds validation from a substantial mining investor. Westhaven Secures Up to C$85 Million Dundee Earn-In to Advance Spences Bridge Gold Projects
  • Neutral Sentiment: Market reaction also reflects a large volume spike (several million shares traded vs. average ~260k), pushing the stock above its 50‑ and 200‑day moving averages; the company remains a small‑cap exploration issuer (market cap ~C$61M) so news typically causes sharp moves. Investors should watch the earn‑in milestones, dilution mechanics and timeline for funded drilling/program details, which will determine how durable the rally is.

Westhaven Gold Trading Up 51.5%

The firm has a market cap of C$61.34 million, a price-to-earnings ratio of -25.00 and a beta of 1.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 0.07. The company has a 50 day moving average price of C$0.18 and a 200 day moving average price of C$0.17.

About Westhaven Gold

(Get Free Report)

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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