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Western Exploration Inc.TSXV:WEX Stock Report

Market Cap CA$43.1m
Share Price
CA$0.68
CA$2.23
69.4% undervalued intrinsic discount
1Y-9.3%
7D1.5%
1D
Portfolio Value
View

Western Exploration Inc.

TSXV:WEX Stock Report

Market Cap: CA$43.1m

Western Exploration (WEX) Stock Overview

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

WEX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

WEX Community Fair Values

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Western Exploration Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Western Exploration
Historical stock prices
Current Share PriceCA$0.68
52 Week HighCA$1.20
52 Week LowCA$0.58
Beta1.69
1 Month Change-9.33%
3 Month Change-24.44%
1 Year Change-9.33%
3 Year Change-55.84%
5 Year Changen/a
Change since IPO-73.33%

Recent News & Updates

Recent updates

Analysis Article Nov 17

Here's Why We're A Bit Worried About Western Exploration's (CVE:WEX) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Mar 11

Can Western Exploration (CVE:WEX) Afford To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Nov 07

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

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article May 22

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

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Aug 20

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

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Nov 02

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

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Shareholder Returns

WEXCA Metals and MiningCA Market
7D1.5%2.2%2.5%
1Y-9.3%90.5%33.9%

Return vs Industry: WEX underperformed the Canadian Metals and Mining industry which returned 90.5% over the past year.

Return vs Market: WEX underperformed the Canadian Market which returned 33.9% over the past year.

Price Volatility

Is WEX's price volatile compared to industry and market?
WEX volatility
WEX Average Weekly Movement9.6%
Metals and Mining Industry Average Movement11.6%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.9%

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 (10%) 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 United States. The company explores for gold and silver deposits. It holds a 100% interest in the Aura gold-silver project, which includes the Doby George, Gravel Creek, and Wood Gulch deposits, and comprises 709 unpatented lode mining claims totaling 12,848 acres, as well as mineral leases on 2,296 acres of fee land in nine different parcels 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$43.08m
Earnings (TTM)-CA$5.11m
Revenue (TTM)n/a
0.0x
P/S Ratio
-8.3x
P/E Ratio

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$3.70m
Earnings-US$3.70m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.059
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 Analysis2026/05/26 01:05
End of Day Share Price 2026/05/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Western Exploration Inc. is covered by 1 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
Paul O'BrienVelocity Trade Capital Ltd