Westhaven Gold Corp., an exploration company specializing in the development and exploration of gold properties, has recently completed a significant financial transaction. On January 5, 2026, the company announced the completion of a $3 million private placement with Dundee. This strategic move is aimed at bolstering the company’s financial position as it continues its operations within the Spences Bridge Gold Belt in Canada.
Westhaven Gold Corp. is listed on the TSX Venture Exchange and serves a global customer base. The company’s primary focus is on exploring and developing gold properties, leveraging its expertise in the region known for its rich gold deposits. The official website, www.westhavengold.com , provides further details about the company’s operations and listings.
As of January 7, 2026, Westhaven Gold Corp.’s share price closed at 0.24 CAD. This price is situated within the company’s 52-week range, which spans from a low of 0.085 CAD, reached on January 13, 2025, to a high of 0.29 CAD, achieved on December 23, 2025. The current share price represents approximately two-thirds of the historical high, indicating a recovery from the earlier low.
Financially, Westhaven Gold Corp. is currently trading at a price-to-earnings (P/E) ratio of -31.76, reflecting the company’s current state of losses. Despite this, the price-to-book (P/B) ratio stands at 1.35, suggesting that the market values the company slightly above its book value. This discrepancy highlights investor confidence in the company’s long-term potential despite short-term financial challenges.
The company’s market capitalization is valued at 60,480,000 CAD, underscoring its position within the materials sector, specifically within the metals and mining industry. As of now, no additional corporate announcements have been made following the private placement, indicating a period of strategic assessment and planning for future endeavors.
In summary, Westhaven Gold Corp. continues to navigate the complexities of the gold exploration industry, supported by recent financial activities aimed at strengthening its operational capabilities. The company’s strategic focus on the Spences Bridge Gold Belt remains a cornerstone of its exploration efforts, with the recent private placement serving as a pivotal step in its ongoing development.
