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Western Exploration TSXV:WEX Stock Report

Last Price

CA$0.89

Market Cap

CA$40.4m

7D

-13.6%

1Y

30.9%

Updated

22 Dec, 2024

Data

Company Financials

Western Exploration Inc.

TSXV:WEX Stock Report

Market Cap: CA$40.4m

WEX Stock Overview

Engages in the exploration, acquisition, development, and mining of precious metals and other mineral deposits in the state of Nevada, the United States. More details

WEX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Risk Analysis

Earnings have declined by 3.5% per year over past 5 years

Has less than 1 year of cash runway

Makes less than USD$1m in revenue ($0)

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Western Exploration Inc. Competitors

Strategic Resources

TSXV:SR

CA$41.9m

American Pacific Mining

CNSX:USGD

CA$43.8m

Amarc Resources

TSXV:AHR

CA$46.4m

Galway Metals

TSXV:GWM

CA$49.6m

Price History & Performance

Summary of share price highs, lows and changes for Western Exploration
Historical stock prices
Current Share PriceCA$0.89
52 Week HighCA$1.50
52 Week LowCA$0.63
Beta1.82
1 Month Change-14.42%
3 Month Change-23.93%
1 Year Change30.88%
3 Year Changen/a
5 Year Changen/a
Change since IPO-65.10%

Recent News & Updates

Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation

Nov 07
Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation

Recent updates

Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation

Nov 07
Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation

Is Western Exploration (CVE:WEX) In A Good Position To Invest In Growth?

May 22
Is Western Exploration (CVE:WEX) In A Good Position To Invest In Growth?

Will Western Exploration (CVE:WEX) Spend Its Cash Wisely?

Aug 20
Will Western Exploration (CVE:WEX) Spend Its Cash Wisely?

We Think Western Exploration (CVE:WEX) Can Afford To Drive Business Growth

Nov 02
We Think Western Exploration (CVE:WEX) Can Afford To Drive Business Growth

Shareholder Returns

WEXCA Metals and MiningCA Market
7D-13.6%-4.1%-2.6%
1Y30.9%16.6%15.2%

Return vs Industry: WEX exceeded the Canadian Metals and Mining industry which returned 16.6% over the past year.

Return vs Market: WEX exceeded the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is WEX's price volatile compared to industry and market?
WEX volatility
WEX Average Weekly Movement12.8%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: WEX has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: WEX's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aDarcy Marudwww.westernexploration.com

Western Exploration Inc. engages in the exploration, acquisition, development, and mining of precious metals and other mineral deposits in the state of Nevada, the United States. The company explores for gold and silver deposits. Its principal asset is the 100% owned Aura project comprising 709 unpatented lode mining claims covering 12,848 acres located in Elko County, Nevada.

Western Exploration Inc. Fundamentals Summary

How do Western Exploration's earnings and revenue compare to its market cap?
WEX fundamental statistics
Market capCA$40.44m
Earnings (TTM)-CA$7.52m
Revenue (TTM)n/a

0.0x

P/S Ratio

-5.4x

P/E Ratio

Is WEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEX income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$5.23m
Earnings-US$5.23m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did WEX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Western Exploration Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution