Westhaven Gold (CVE:WHN) Stock Price Up 2% – Still a Buy?

Westhaven Gold Corp. (CVE:WHN)’s stock price shot up 2% during mid-day trading on Tuesday. The company traded as high as C$0.26 and last traded at C$0.26. 66,000 shares traded hands 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 Price Performance

The company has a quick ratio of 1.03, a current ratio of 1.45 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of C$70.13 million, a PE ratio of -12.75 and a beta of 2.33. The company has a 50-day moving average of C$0.33 and a 200 day moving average of C$0.30.

Insider Transactions at Westhaven Gold

In other Westhaven Gold news, insider Kenneth Andrew Armstrong bought 100,000 shares of the stock in a transaction on Thursday, October 8th. The shares were bought at an average price of C$0.29 per share, with a total value of C$29,000.00. Following the purchase, the insider directly owned 200,200 shares in the company, valued at C$58,058. This trade represents a 99.80% increase in their position. 21.62% of the stock is currently owned by company insiders.

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.