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Westhaven Ventures
(WHN)
Westhaven Ventures (WHN) vs. iShares MSCI Canada ETF (EWC)
Westhaven Ventures Business Overview & Revenue Model
Westhaven Ventures Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
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 | ― | -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
Westhaven Ventures Peers Comparison
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$69.93M | -36.49 | -3.80% | ― | ― | 58.19% | |
51 Neutral | C$80.06M | -19.17 | -351.37% | ― | ― | -379.07% | |
49 Neutral | C$78.76M | -14.84 | -42.27% | ― | ― | 28.32% | |
43 Neutral | C$60.92M | -3.70 | -43.89% | ― | ― | ― | |
39 Underperform | C$72.35M | -25.38 | ― | ― | ― | 22.62% |
Westhaven Ventures Corporate Events
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 would see Westhaven dispose of up to a 60% interest in its Shovelnose, Prospect Valley, Skoonka and Skoonka North gold projects. The board of directors is unanimously recommending that shareholders support the transaction, which, if approved, would significantly reshape Westhaven’s ownership structure across its key assets and could influence the company’s future funding needs, project development strategy and positioning within the Spences Bridge Gold Belt.
The most recent analyst rating on (TSE:WHN) stock is a Hold with a C$0.23 price target. To see the full list of analyst forecasts on Westhaven Ventures stock, see the TSE:WHN Stock Forecast page.
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 properties and support working capital. The financing strengthens Westhaven’s balance sheet as it advances its Shovelnose project and broader portfolio in the Spences Bridge Gold Belt, potentially enhancing the company’s ability to capitalize on the positive economics outlined in its latest assessment and reinforcing its position among emerging Canadian gold developers.
The most recent analyst rating on (TSE:WHN) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on Westhaven Ventures stock, see the TSE:WHN Stock Forecast page.
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 outstanding shares. The company has also signed a 12‑month consulting agreement with Edmonton-based Peterson Capital, one of Canada’s leading capital markets advisory firms, to provide investor relations and capital markets support, including investor outreach, conference participation, financing strategy advice, and dissemination of company information, in exchange for a C$110,000 fee paid from working capital, a move aimed at broadening its investor base and strengthening its market profile as it advances its gold projects.
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 staged project expenditures, including a firm commitment of C$30 million. Alongside this, Dundee will invest C$3 million in Westhaven through a private placement, bolstering funding for an anticipated C$20 million work program in 2026 focused on infill and exploration drilling at the Shovelnose Gold Project, expanded environmental baseline work, and engineering studies to support a pre-feasibility study. Management from both companies describe the transaction as transformational, aligning capital and technical resources to accelerate de-risking and development of Shovelnose toward a production decision while maintaining a significant interest for Westhaven shareholders, potentially reshaping the company’s growth trajectory and strengthening its position within Canada’s gold exploration sector.
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 British Columbia. Gattens brings extensive experience from the global metals and mining sector, which is expected to bolster Westhaven’s strategic communications and investor engagement. Her appointment is part of Westhaven’s broader initiative to strengthen its corporate and technical management team, potentially impacting its market positioning and stakeholder relations.
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, highlights the potential for additional epithermal gold systems and demonstrates robust preliminary development economics with a high-grade underground mining opportunity. The project’s strategic location near Vancouver and strengthened technical leadership further enhance its prospects, with ongoing exploration efforts focused on unlocking new discoveries within the Spences Bridge Gold Belt.