Westhaven Gold Corp
Westhaven Gold Corp is a Canadian-based gold mining company that operates in the mineral resources sector, generating revenue primarily through the extraction and sale of gold.
Business. Westhaven Gold Corp (WHN.V) is a gold mining company operating within the Basic Materials sector. The firm is listed on the TSX Venture Exchange. Specific details regarding its operating segments, headquarters location, and geographic presence are not provided in the available data. Consequently, the company is described at the industry level as a participant in the gold mining industry.
Analyst recommendations
1 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Westhaven Gold Corp (WHN.V) is a gold mining company operating within the Basic Materials sector. The firm is listed on the TSX Venture Exchange. Specific details regarding its operating segments, headquarters location, and geographic presence are not provided in the available data. Consequently, the company is described at the industry level as a participant in the gold mining industry.
Westhaven Gold Corp has a highly liquid capital structure, with a current ratio of 2.99 and cash and equivalents of $1.89 million, indicating strong short-term liquidity. The company’s debt-to-equity ratio is 0.01, reflecting minimal leverage and a conservative capital structure. However, the company reported negative operating and net income of $829,180 and $828,510, respectively, in the latest period, indicating ongoing operational losses.
Profitability metrics show that the company is underperforming relative to industry norms, with a return on equity of -2.52% and a return on assets of -2.4%, both of which are negative and suggest poor asset utilization and capital efficiency. The company’s free cash flow was -$1.53 million, and capital expenditures amounted to -$715,250, indicating continued investment in operations despite negative cash generation.
The company’s revenue is concentrated in a single business segment, gold mining, and it operates primarily in Canada, with no disclosed international revenue streams. This lack of diversification increases exposure to regional economic and regulatory risks.
Looking ahead, the company is expected to maintain a flat revenue trajectory, with no significant growth or contraction projected in the next fiscal year. The absence of positive analyst sentiment, as reflected in a mean recommendation of 2.00 (a "hold"), suggests limited near-term upside potential.
Risk factors include the company’s ongoing losses and negative cash flows, which could pressure liquidity if capital expenditures continue to outpace revenue. However, the company has no immediate filing-based liquidity or dilution flags, and dilution risk is currently assessed as low.
Recent filings and transcripts do not indicate any material events or strategic shifts, and the company’s operations remain consistent with its disclosed business model. Analysts have issued a single "buy" recommendation, with no strong buy or hold ratings, suggesting a cautious outlook.
- Westhaven Gold Corp has a highly liquid balance sheet with a current ratio of 2.99 and minimal debt.
- The company is unprofitable, with negative operating and net income and poor returns on equity and assets.
- Revenue is concentrated in a single segment and geographic region, increasing exposure to localized risks.
- Analysts have issued a single "buy" recommendation, with no strong buy or hold ratings, indicating a cautious outlook.
- The company has no immediate liquidity or dilution risks, but ongoing losses and negative cash flows could pressure financial stability.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Operating income +21,1% YoY; Net income +39,0% YoY.
- ▍Operating income +21,1% YoY
- ▍Net income +39,0% YoY
- ▍Free cash flow +6,6% YoY
Operating income -$2.5M.
- ▍Operating income -$2.5M
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
2 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Shovelnose | Mine | Gold | Canada | Operating company |
| Shovelnose | Other | Gold | Canada | Operating company |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- Westhaven Gold Corp Market data — financials · 2026-05-30
- Westhaven Gold Corp Market data — analyst estimates · 2026-05-30
Ownership & reference
Leadership
- Gareth ThomasPresident, Chief Executive Officer, Director