Westhaven Ventures (WHN) Stock Price Down 30%
Westhaven Ventures Inc (CVE:WHN) dropped 30% during mid-day trading on Tuesday . The stock traded as low as C$0.84 and last traded at C$0.84. Approximately 1,848,968 shares changed hands during mid-day trading, an increase of 499% from the average daily volume of 308,546 shares. The stock had previously closed at C$1.20.
The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 6.25.
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Westhaven Ventures Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold and silver deposits. Its principal properties include the Shovelnose gold property covering an area of 18,768 hectares located to the city of Merritt, British Columbia; the Prospect Valley gold property covering an area of 10,871 hectares located to the west of Merritt, British Columbia; and the Skoonka Creek property covering an area of 2,783 hectares situated in Lytton, British Columbia.
Read More: Cost of Equity For A Business, Investors
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