TSX:WRN

Stock Analysis Report

Western Copper and Gold

Executive Summary

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Western Copper and Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WRN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.9%

WRN

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

2.4%

WRN

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: WRN underperformed the Canadian Metals and Mining industry which returned 5.4% over the past year.

Return vs Market: WRN underperformed the Canadian Market which returned 4.5% over the past year.


Shareholder returns

WRNIndustryMarket
7 Day8.9%3.5%-1.5%
30 Day-6.5%5.0%-0.7%
90 Day-12.2%14.3%1.8%
1 Year2.4%2.4%7.5%6.8%5.7%2.5%
3 Year-55.4%-55.4%2.8%1.0%16.8%6.2%
5 Year28.4%28.4%29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

How volatile is Western Copper and Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Western Copper and Gold undervalued compared to its fair value and its price relative to the market?

1.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WRN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WRN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WRN is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: WRN is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WRN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WRN is overvalued based on its PB Ratio (1.9x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is Western Copper and Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

13.0%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Western Copper and Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Western Copper and Gold performed over the past 5 years?

-9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WRN is currently unprofitable.

Growing Profit Margin: WRN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WRN is unprofitable, and losses have increased over the past 5 years at a rate of -9.1% per year.

Accelerating Growth: Unable to compare WRN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WRN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: WRN has a negative Return on Equity (-5.21%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Western Copper and Gold's financial position?


Financial Position Analysis

Short Term Liabilities: WRN's short term assets (CA$2.8M) exceed its short term liabilities (CA$419.0K).

Long Term Liabilities: WRN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: WRN is debt free.

Reducing Debt: WRN has not had any debt for past 5 years.


Balance Sheet

Inventory Level: WRN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if WRN's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: WRN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WRN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Western Copper and Gold's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate WRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate WRN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WRN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WRN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WRN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average management tenure


CEO

Paul West-Sells 0

4yrs

Tenure

CA$396,400

Compensation

Dr. Paul West-Sells, Ph.D. serves as Chief Executive Officer and President at Casino Mining Corporation. Dr. West-Sells has been the Chief Executive Officer of Western Copper and Gold Corporation since Feb ...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD299.99K) is above average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Francis Corman
Executive Chairman13.8yrsCA$238.90k5.86% CA$5.6m
Paul West-Sells
Chief Executive Officer and President4yrsCA$396.40k0.45% CA$422.4k
Cameron Brown
Vice President of Engineering9.6yrsCA$288.00k0.48% CA$454.7k
Varun Prasad
Interim CFO & Senior Accountant0.8yrsno data0.071% CA$67.6k
Christopher Donaldson
Director of Corporate Development6.3yrsno datano data
Julie Pelly
Manager of Corporate Communications9.3yrsno datano data
Jonathan Clegg
Executive Vice President of Engineering0yrsCA$80.68kno data
Elena Spivak
Paralegal & Corporate Secretary0yrsno datano data
John McClintock
Consulting Geologist9.7yrsno datano data

7.8yrs

Average Tenure

Experienced Management: WRN's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Francis Corman
Executive Chairman13.8yrsCA$238.90k5.86% CA$5.6m
Kenneth Williamson
Director0.8yrsno data0.052% CA$49.3k
Robert Gayton
Lead Director2.6yrsCA$99.20k0.26% CA$246.8k
Klaus Zeitler
Independent Director13.8yrsCA$95.00k0.091% CA$85.8k
Tara Christie
Director0.8yrsno data0.025% CA$23.8k
Archie Lang
Independent Director5.3yrsCA$90.20k0.00093% CA$880.9

4.0yrs

Average Tenure

79yo

Average Age

Experienced Board: WRN's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.


Top Shareholders

Company Information

Western Copper and Gold Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Western Copper and Gold Corporation
  • Ticker: WRN
  • Exchange: TSX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$94.720m
  • Shares outstanding: 107.64m
  • Website: https://www.westerncopperandgold.com

Location

  • Western Copper and Gold Corporation
  • 1040 West Georgia Street
  • 15th Floor
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WRNTSX (The Toronto Stock Exchange)YesCommon SharesCACADMay 2006
31WNDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2006
WRNAMEX (NYSE MKT LLC)YesCommon SharesUSUSDMay 2006

Biography

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, silver, copper, and molybdenum deposits. It focuses on advancing the Casino mineral property located in Yukon, Canada. The company was formerly known as Western Copper Corporation and changed its name to Western Copper and Gold Corporation in October 2011. Western Copper and Gold Corporation was founded in 2006 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:03
End of Day Share Price2020/02/24 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.