Westhaven Gold (CVE:WHN) Shares Up 45.5% – Here’s Why

Shares of Westhaven Gold Corp. (CVE:WHN) were up 45.5% on Monday . The company traded as high as C$0.27 and last traded at C$0.24. Approximately 3,774,949 shares changed hands during trading, an increase of 1,387% from the average daily volume of 253,896 shares. The stock had previously closed at C$0.17.

Westhaven Gold Trading Up 51.5%

The stock’s 50-day moving average price is C$0.18 and its 200 day moving average price is C$0.17. The firm has a market capitalization of C$61.34 million, a PE ratio of -25.00 and a beta of 1.28. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.07 and a quick ratio of 1.03.

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.