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

Shares of Westhaven Gold Corp. (CVE:WHN) dropped 12.3% during mid-day trading on Tuesday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 866,631 shares were traded during trading, an increase of 97% from the average daily volume of 440,597 shares. The stock had previously closed at C$0.29.

Westhaven Gold Stock Performance

The company’s 50 day moving average price is C$0.27 and its 200-day moving average price is C$0.23. 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 company has a market cap of C$61.65 million, a PE ratio of -25.00 and a beta of 1.81.

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.