Westhaven Gold (CVE:WHN) Shares Up 2% – Should You Buy?

Shares of Westhaven Gold Corp. (CVE:WHN) were up 2% during mid-day trading on Tuesday. The company traded as high as C$0.26 and last traded at C$0.26. Approximately 66,000 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 355,345 shares. The stock had previously closed at C$0.25.

Westhaven Gold Stock Down 3.6%

The company has a market cap of C$72.88 million, a P/E ratio of -13.25 and a beta of 2.05. The company has a 50 day moving average of C$0.32 and a 200-day moving average of C$0.30. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.45 and a quick ratio of 1.03.

Insider Buying and Selling at Westhaven Gold

In other Westhaven Gold news, insider Kenneth Andrew Armstrong purchased 100,000 shares of the company’s stock in a transaction dated Thursday, October 8th. The stock was purchased at an average price of C$0.29 per share, for a total transaction of C$29,000.00. Following the transaction, the insider owned 200,200 shares in the company, valued at C$58,058. The trade was a 99.80% increase in their position. 21.62% of the stock is currently owned by insiders.

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.