Westhaven Ventures Inc (TSE:WHN)
:WHN
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Westhaven Ventures
(WHN)
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Rating:55Neutral
Price Target:
C$0.23
▲(15.50% Upside)
Action:ReiteratedDate:12/30/25
The score is held back primarily by weak operating fundamentals (no revenue, ongoing losses, and negative free cash flow). Offsetting this are a strong low-debt balance sheet, improving near-term technical momentum, and constructive corporate events—most notably the Dundee earn-in and financing support that can fund project advancement.
Positive Factors
Low leverage / strong balance sheet
Very low debt and an equity-heavy capital base materially reduce refinancing and solvency risk for a mineral explorer. This durable balance sheet gives management flexibility to fund studies, option exercises, or selective capital projects and to withstand cyclical metal-price fluctuations without urgent debt servicing pressures.
Negative Factors
No revenue / persistent losses
The company lacks operating revenue and reports recurring losses, a structural weakness for any explorer. Over the medium term this means ongoing dependence on capital markets or partners for survival; absence of revenue also limits internal reinvestment and exposes shareholders to dilution and execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low debt and an equity-heavy capital base materially reduce refinancing and solvency risk for a mineral explorer. This durable balance sheet gives management flexibility to fund studies, option exercises, or selective capital projects and to withstand cyclical metal-price fluctuations without urgent debt servicing pressures.
Read all positive factors
Westhaven Ventures (WHN) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$64.76M
Dividend YieldN/A
Average Volume (3M)173.14K
Price to Earnings (P/E)―
Beta (1Y)2.37
Revenue GrowthN/A
EPS Growth58.19%
CountryCA
Employees5
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding259,058,720
10 Day Avg. Volume162,523
30 Day Avg. Volume173,137
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)0.42
Price to Sales (P/S)0.00
P/FCF Ratio-2.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Westhaven Ventures Business Overview & Revenue Model
Company Description
Westhaven Ventures (WHN) is a diversified investment firm operating across multiple sectors including technology, healthcare, and renewable energy. The company specializes in identifying high-growth potential startups and provides strategic capita...
How the Company Makes Money
Westhaven Ventures generates revenue through a combination of equity investments, venture capital funding, and strategic partnerships. The company invests in promising startups and earns returns through equity appreciation and dividends as these s...
Westhaven Ventures Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -53.89K | -48.16K | -27.86K | -11.71K | -11.02K | -7.45K |
| EBITDA | 63.28K | -1.05M | -2.43M | -1.86M | -2.38M | -1.29M |
| Net Income | -1.46M | -2.58M | -2.64M | -1.25M | -2.05M | -949.64K |
Balance Sheet | ||||||
| Total Assets | 46.33M | 40.14M | 32.95M | 34.59M | 30.56M | 18.72M |
| Cash, Cash Equivalents and Short-Term Investments | 3.81M | 2.70M | 1.22M | 7.81M | 3.82M | 131.50K |
| Total Debt | 180.97K | 98.90K | 262.34K | 298.75K | 54.51K | 149.69K |
| Total Liabilities | 2.67M | 3.00M | 1.36M | 1.31M | 845.73K | 2.00M |
| Stockholders Equity | 43.66M | 37.14M | 31.58M | 33.28M | 29.71M | 16.72M |
Cash Flow | ||||||
| Free Cash Flow | -8.83M | -7.00M | -6.56M | -10.58M | -10.02M | -9.16M |
| Operating Cash Flow | -2.50M | -1.64M | -1.70K | -2.02M | -1.57M | -1.36M |
| Investing Cash Flow | -6.33M | -5.35M | -900.55K | -3.31M | -8.44M | -7.82M |
| Financing Cash Flow | 12.58M | 8.47M | 9.76K | 5.32M | 13.69M | 4.99M |
Westhaven Ventures Technical Analysis
Neutral
0.20
Price Trends
0.26
Negative
0.23
Positive
0.20
Positive
Market Momentum
>-0.01
Positive
47.01
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WHN, the sentiment is Neutral. The current price of 0.2 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.26, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.01 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:WHN.
Westhaven Ventures Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$64.76M | -32.47 | -3.68% | ― | ― | 58.19% | |
49 Neutral | C$111.82M | -19.24 | 104.48% | ― | ― | 22.62% | |
45 Neutral | C$61.60M | -105.58 | -351.37% | ― | ― | -379.07% | |
43 Neutral | C$66.60M | -5.68 | -50.93% | ― | ― | ― | |
43 Neutral | C$57.35M | -13.21 | -22.48% | ― | ― | 28.32% |
* Basic Materials Sector Average
TSE:WHN
Westhaven Ventures
0.26
0.14
116.67%
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Westhaven Ventures Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Westhaven’s Final 2025 Shovelnose Results Highlight High-Grade South Zone Hit, Set Stage for Expanded 2026 Drilling
Positive
Jan 26, 2026
Westhaven Gold Corp. reported final results from its 2025 drilling program at the Shovelnose Gold Project in British Columbia, highlighted by a key infill hole at the South Zone that returned 70.79 metres grading 1.13 g/t gold and 14.1 g/t silver,...
Business Operations and StrategyM&A TransactionsShareholder Meetings
Westhaven Sets February Vote on Dundee Joint Venture for Core Gold Projects
Positive
Jan 14, 2026
Westhaven Gold Corp. has mailed and filed materials for a special shareholders’ meeting on February 17, 2026, where investors will vote on an ordinary resolution approving an earn-in and joint venture agreement with Dundee Corporation that w...
Business Operations and StrategyPrivate Placements and Financing
Westhaven Gold Raises C$3 Million from Dundee to Advance B.C. Exploration Portfolio
Positive
Jan 3, 2026
Westhaven Gold Corp. has closed a C$3 million private placement with Dundee Corporation, issuing 12 million common shares at C$0.25 each, with the bulk of the proceeds earmarked for drilling and other exploration work, plus funds to maintain its p...
Business Operations and Strategy
Westhaven Grants Stock Options and Retains Peterson Capital for Investor Relations Push
Positive
Dec 24, 2025
Westhaven Gold Corp. has granted 400,000 incentive stock options to a company officer at an exercise price of C$0.25 per share, expiring in December 2030, bringing total outstanding stock options to 16,805,000, or 6.9% of its issued and outstandin...
Business Operations and StrategyPrivate Placements and Financing
Westhaven Secures Up to C$85 Million Dundee Earn-In to Advance Spences Bridge Gold Projects
Positive
Dec 22, 2025
Westhaven Gold Corp. has signed a definitive earn-in agreement with Dundee Corporation that gives Dundee the right to earn up to a 60% interest in Westhaven’s four key projects in the Spences Bridge Gold Belt by funding up to C$85 million in...
Business Operations and StrategyExecutive/Board Changes
Westhaven Gold Appoints New VP of Communications to Strengthen Strategic Efforts
Positive
Nov 27, 2025
Westhaven Gold Corp. has appointed Kaeli Gattens as Vice President of Communications, effective December 1, 2025. This strategic hire aims to enhance the company’s communication efforts as it continues to develop its gold properties in Briti...
Business Operations and Strategy
Westhaven Gold Advances Shovelnose Project with Successful Drilling Program
Positive
Nov 24, 2025
Westhaven Gold Corp. has successfully completed an expanded summer drilling program at its Shovelnose Gold Project, confirming the South Zone resource model and validating new exploration models. The drilling program, which exceeded initial plans,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.