TipRanks
Go Ultimate55% OFF

Westhaven Ventures (WHN) AI Stock Analysis

TSE:WHN

Westhaven Ventures

(TSXV:WHN)

Select Model
Rating:45Neutral
Price Target:CAD 0.25â–¼(-2.31% Downside)
Action:reiterated
Date:10/02/26

The score is driven primarily by weak financial performance—no revenue, persistent losses, and ongoing negative operating/free cash flow—partially offset by a low-leverage balance sheet. Technicals are generally weak with negative momentum, though near-oversold readings provide only limited support. Valuation is constrained by losses (negative P/E) and the absence of a dividend yield.

Positive Factors
Low LeverageExtremely low leverage gives Westhaven more financial flexibility than a highly indebted explorer, reducing debt-service pressure and leaving capacity to direct capital toward assets or exploration. This is a durable balance-sheet cushion, although it does not solve the lack of profits.
Negative Factors
No Revenue BaseNo revenue in both TTM and annual periods means Westhaven has not established a top-line base to absorb corporate or exploration costs. Without demonstrated sales, the company remains dependent on future development success or financing rather than self-funded operating growth.

Westhaven Ventures (WHN) vs. iShares MSCI Canada ETF (EWC)

-25%0%25%50%75%100%125%TSE:WHN+30.00%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 68.07M
Dividend Yield
―
Average Volume (3M)
306.23K
Price to Earnings (P/E)
-16.1
Beta (1Y)
2.17
Revenue Growth
―
EPS Growth
-72.04%
Country
Canada
Employees
5
Sector
General
Sector Strength
55
Industry
Gold

Westhaven Ventures Business Overview & Revenue Model

Company Description

Westhaven Gold Corp. operates as a junior exploration firm, concentrating on identifying, acquiring, and developing mineral properties across Canada, with a principal focus on gold and silver deposits. The company holds full ownership of four signifi...

Westhaven Ventures Financial Statement Overview

Summary

Pre-revenue profile with persistent losses and negative gross profit; operating and free cash flow are consistently negative, signaling ongoing cash burn and reliance on external funding. The balance sheet is a bright spot with extremely low leverage and a growing equity base, which reduces financial risk but does not offset weak operating performance.

Income Statement

12Very Negative

Balance Sheet

72Positive

Cash Flow

18Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Mar 2025Mar 2024Dec 2022Dec 2021
Income Statement
Total Revenue000000
Gross Profit-53.60K-55.65K-48.16K-27.86K-11.71K-11.02K
EBITDA-3.27M-2.18M-1.05M-2.43M-1.86M-2.38M
Net Income-4.01M-2.54M-2.58M-2.64M-1.25M-2.05M
Balance Sheet
Total Assets53.27M48.36M40.14M32.95M34.59M30.56M
Cash, Cash Equivalents and Short-Term Investments3.88M1.50M2.70M1.22M7.81M3.82M
Total Debt244.71K235.36K98.90K262.34K298.75K54.51K
Total Liabilities8.69M6.19M3.00M1.36M1.31M845.73K
Stockholders Equity44.58M42.17M37.14M31.58M33.28M29.71M
Cash Flow
Free Cash Flow-6.18M-8.31M-7.00M-6.56M-10.58M-10.02M
Operating Cash Flow-1.49M-2.27M-1.64M-1,697-2.02M-1.57M
Investing Cash Flow-4.35M-6.04M-5.35M-900.55K-3.31M-8.44M
Financing Cash Flow6.27M7.11M8.47M9,7625.32M13.69M

Westhaven Ventures Technical Analysis

Technical Analysis SentimentNegative
Last Price0.26

Price Trends

50DMA0.33Negative
100DMA0.32Negative
200DMA0.30Negative

Market Momentum

MACD-0.02Negative
RSI33.41Neutral
STOCH36.90Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WHN, the sentiment is Negative. The current price of 0.26 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.33, and below the 200-day MA of 0.30, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 33.41 is Neutral, neither overbought nor oversold. The STOCH value of 36.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WHN.

Westhaven Ventures Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:WHN against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:ANKTSE:ANK47NeutralCAD 74.21M-23.68-341.66%――-39.13%
TSE:WHNTSE:WHN45NeutralCAD 68.07M-16.15-9.17%――-72.04%
TSE:AGCTSE:AGC42NeutralCAD 104.36M-3.29-116.78%――-50.16%
TSE:GPACTSE:GPAC41NeutralCAD 24.51M-2.15-30.37%――57.73%
TSE:ROSTSE:ROS40UnderperformCAD 58.94M-10.08131.26%――-98.46%
TSE:LVXTSE:LVX39UnderperformCAD 39.57M-4.02-32.34%――-27.64%

* General Sector Average

Performance Comparison

-50%0%50%100%150%TSE:WHNTSE:ANKTSE:AGCTSE:ROSTSE:GPACTSE:LVXDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:WHN and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:WHNWesthaven Ventures0.260.0736.84%
TSE:ANKAngkor Resources Corp.0.360.0826.32%
TSE:AGCValorem Resources Inc0.30-0.14-30.68%
TSE:ROSRosCan Gold Corporation0.130.0323.81%
TSE:GPACGreat Pacific Gold Corp.0.13-0.32-71.78%
TSE:LVXLeviathan Gold Ltd.0.34-0.16-32.00%

Westhaven Ventures Corporate Events

Business Operations and StrategyPrivate Placements and Financing

Westhaven Marks High-Grade Drilling Success as Shovelnose PFS Advances

Positive
Oct 28, 2026

Westhaven Gold Corp. has completed a 117-hole, 37,242-metre resource infill drilling campaign at the South Zone deposit on its Shovelnose project in southern British Columbia, reporting strong high-grade gold and silver intercepts that underscore the...

Business Operations and StrategyPrivate Placements and Financing

Westhaven Reports High-Grade South Zone Results as Shovelnose Drilling Nears Completion

Positive
Sep 22, 2026

Westhaven Gold Corp. is a Canadian mineral exploration company focused on developing gold and silver deposits at its Shovelnose property in southern British Columbia, part of the Spences Bridge Gold Belt. The company’s work is being substantial...

Business Operations and Strategy

Westhaven Drill Results Extend High-Grade Mineralization at Shovelnose South Zone

Positive
Aug 20, 2026

Westhaven Gold has reported new assay results from its ongoing 35,000m resource infill drilling program at the South Zone deposit on the Shovelnose property, highlighting thick, high-grade gold and silver intersections. Key holes include SNR26-117, w...

Business Operations and StrategyExecutive/Board Changes

Westhaven Grants Stock Options as It Advances Shovelnose Gold Project

Positive
Aug 7, 2026

Westhaven Gold Corp., a Vancouver-based explorer focused on high-grade epithermal gold and silver deposits in British Columbia’s Spences Bridge Gold Belt, is advancing its flagship Shovelnose project, which has been validated by a favourable ec...

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.

Date of analysis: Oct 02, 2026