Westhaven Gold (CVE:WHN) Shares Down 9.3% – Time to Sell?

Westhaven Gold Corp. (CVE:WHN)’s share price traded down 9.3% during mid-day trading on Friday . The company traded as low as C$0.23 and last traded at C$0.25. 699,134 shares changed hands during mid-day trading, an increase of 162% from the average session volume of 266,421 shares. The stock had previously closed at C$0.27.

Westhaven Gold Price Performance

The company has a quick ratio of 1.03, a current ratio of 0.07 and a debt-to-equity ratio of 0.46. The company has a market capitalization of C$60.11 million, a price-to-earnings ratio of -24.50 and a beta of 1.28. The stock’s 50-day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.18.

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.