Westhaven Gold (CVE:WHN) Insider Buys 100,000 Shares of Stock

Westhaven Gold Corp. (CVE:WHN) insider Kenneth Andrew Armstrong bought 100,000 shares of Westhaven Gold stock in a transaction that occurred on Thursday, October 8th. The stock was purchased at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the purchase, the insider owned 200,200 shares of the company’s stock, valued at C$58,058. The trade was a 99.80% increase in their ownership of the stock.

Kenneth Andrew Armstrong also recently made the following trade(s):

• On Thursday, October 8th, Kenneth Andrew Armstrong purchased 75,000 shares of Westhaven Gold stock. The shares were purchased at an average price of C$0.29 per share, for a total transaction of C$21,750.00.

Westhaven Gold Price Performance

WHN stock traded down C$0.01 during mid-day trading on Tuesday, hitting C$0.28. 687,112 shares of the stock were exchanged, compared to its average volume of 369,032. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.45 and a quick ratio of 1.03. The business has a fifty day moving average price of C$0.36 and a 200 day moving average price of C$0.31. Westhaven Gold Corp. has a 12 month low of C$0.15 and a 12 month high of C$0.43. The stock has a market capitalization of C$73.31 million, a price-to-earnings ratio of -14.00 and a beta of 2.33.

Westhaven Gold Company Profile

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.