WTHVF (Westhaven Gold) GF Value Rank : 0 (As of Sep. 21, 2024)

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What is Westhaven Gold GF Value Rank?

Westhaven Gold has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Westhaven Gold GF Value Rank Related Terms

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Westhaven Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Westhaven Gold Corp (OTCPK:WTHVF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

1W5:Germany WHN:Canada

Address

1056-409 Granville Street, Vancouver, BC, CAN, V6C 1T2

Website

https://www.westhavengold.com

Westhaven Gold Corp is a Canada based exploration company. It is engaged the acquisition and exploration and evaluation activities. The company's properties include the Shovelnose gold property, Prospect valley gold property, Skoonka creek property and Skoonka north gold property.

Westhaven Gold Headlines

From GuruFocus

Westhaven Announces Stock Option Grant

By GlobeNewswire GlobeNewswire • 04-22-2021

Westhaven Drills 12.66 Metres of 39.31 g/t Gold and 133.11 g/t Silver at Shovelnose

By GlobeNewswire GlobeNewswire • 03-18-2019

Westhaven Announces Voting Results From 2023 Annual General Meeting

By GlobeNewswire • 09-22-2023

Westhaven Shareholders Approve All Motions Put Forth at AGM

By GlobeNewswire GlobeNewswire • 12-13-2019

Westhaven Increases Size of Non-Brokered Private Placement

By GlobeNewswire GlobeNewswire • 07-28-2022