Westhaven Gold (CVE:WHN) Trading Up 51.5% – What’s Next?

Westhaven Gold Corp. (CVE:WHN) shares were up 51.5% during mid-day trading on Monday . The stock traded as high as C$0.27 and last traded at C$0.25. Approximately 5,120,824 shares were traded during trading, an increase of 1,872% from the average daily volume of 259,677 shares. The stock had previously closed at C$0.17.

Key Westhaven Gold News

Here are the key news stories impacting Westhaven Gold this week:

• Positive Sentiment: The earn‑in agreement with Dundee commits up to C$85 million to advance Westhaven’s Spences Bridge gold projects — this brings material project funding, accelerates planned exploration and resource work, and adds validation from a substantial mining investor. Westhaven Secures Up to C$85 Million Dundee Earn-In to Advance Spences Bridge Gold Projects
• Neutral Sentiment: Market reaction also reflects a large volume spike (several million shares traded vs. average ~260k), pushing the stock above its 50‑ and 200‑day moving averages; the company remains a small‑cap exploration issuer (market cap ~C$61M) so news typically causes sharp moves. Investors should watch the earn‑in milestones, dilution mechanics and timeline for funded drilling/program details, which will determine how durable the rally is.

Westhaven Gold Stock Performance

The stock has a market capitalization of C$61.34 million, a P/E ratio of -25.00 and a beta of 1.28. The stock has a 50 day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.17. The company has a quick ratio of 1.03, a current ratio of 0.07 and a debt-to-equity ratio of 0.46.

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.