Loading...

Wescan Goldfields

TSXV:WGF
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WGF
TSXV
CA$1M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Wescan Goldfields Inc. acquires, explores for, and develops mineral properties in Canada. The last earnings update was 110 days ago. More info.


Add to Portfolio Compare Print
  • Wescan Goldfields has significant price volatility in the past 3 months.
WGF Share Price and Events
7 Day Returns
0%
TSXV:WGF
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-53.8%
TSXV:WGF
-7%
CA Metals and Mining
-0.2%
CA Market
WGF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wescan Goldfields (WGF) 0% -40% -25% -53.8% 50% -25%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • WGF underperformed the Metals and Mining industry which returned -7% over the past year.
  • WGF underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
WGF
Industry
5yr Volatility vs Market

Value

 Is Wescan Goldfields undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Wescan Goldfields. This is due to cash flow or dividend data being unavailable. The share price is CA$0.03.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wescan Goldfields's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wescan Goldfields's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:WGF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$0.00
TSXV:WGF Share Price ** TSXV (2019-03-05) in CAD CA$0.03
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wescan Goldfields.

TSXV:WGF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:WGF Share Price ÷ EPS (both in CAD)

= 0.03 ÷ 0.00

30.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wescan Goldfields is overvalued based on earnings compared to the CA Metals and Mining industry average.
  • Wescan Goldfields is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Wescan Goldfields's expected growth come at a high price?
Raw Data
TSXV:WGF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 30.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-2.5%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Wescan Goldfields, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Wescan Goldfields's assets?
Raw Data
TSXV:WGF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.00
TSXV:WGF Share Price * TSXV (2019-03-05) in CAD CA$0.03
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:WGF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:WGF Share Price ÷ Book Value per Share (both in CAD)

= 0.03 ÷ 0.00

9.48x

* Primary Listing of Wescan Goldfields.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wescan Goldfields is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Wescan Goldfields's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Wescan Goldfields has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Wescan Goldfields expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Wescan Goldfields, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-2.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wescan Goldfields expected to grow at an attractive rate?
  • Wescan Goldfields's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Wescan Goldfields's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.
  • Unable to compare Wescan Goldfields's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:WGF Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:WGF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -2.5%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:WGF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:WGF Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wescan Goldfields's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Wescan Goldfields is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:WGF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Wescan Goldfields Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:WGF Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00
2015-12-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Wescan Goldfields will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Wescan Goldfields's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wescan Goldfields has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Wescan Goldfields performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wescan Goldfields's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Wescan Goldfields has delivered over 20% year on year earnings growth in the past 5 years.
  • Wescan Goldfields has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Wescan Goldfields has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.
Earnings and Revenue History
Wescan Goldfields's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wescan Goldfields Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:WGF Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 0.04 0.19
2018-06-30 -0.19 0.19
2018-03-31 -0.14 0.14
2017-12-31 -0.18 0.18
2017-09-30 -0.18 0.18
2017-06-30 -0.19 0.19
2017-03-31 -0.15 0.15
2016-12-31 -0.10 0.10
2016-09-30 -0.10 0.09
2016-06-30 -0.10 0.09
2016-03-31 -0.06 0.06
2015-12-31 -0.06 0.06
2015-09-30 -0.07 0.07
2015-06-30 -0.08 0.08
2015-03-31 -0.09 0.09
2014-12-31 -0.09 0.09
2014-09-30 -0.17 0.20
2014-06-30 -0.19 0.23
2014-03-31 -0.22 0.25
2013-12-31 -0.40 0.44
2013-09-30 -2.05 0.52
2013-06-30 -2.16 0.64
2013-03-31 -2.37 0.89
2012-12-31 -2.69 1.31
2012-09-30 -1.23 1.41
2012-06-30 -2.16 2.40
2012-03-31 -2.21 2.43

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Wescan Goldfields has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Wescan Goldfields used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • It is difficult to establish if Wescan Goldfields improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Wescan Goldfields's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wescan Goldfields has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Wescan Goldfields's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wescan Goldfields's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wescan Goldfields is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wescan Goldfields's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Wescan Goldfields's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Wescan Goldfields has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wescan Goldfields Company Filings, last reported 5 months ago.

TSXV:WGF Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 0.14 0.00 0.17
2018-06-30 -0.08 0.00 0.17
2018-03-31 -0.06 0.00 0.26
2017-12-31 -0.04 0.00 0.28
2017-09-30 -0.03 0.00 0.29
2017-06-30 -0.02 0.00 0.29
2017-03-31 0.00 0.00 0.31
2016-12-31 0.06 0.00 0.38
2016-09-30 0.07 0.00 0.39
2016-06-30 -0.28 0.00 0.04
2016-03-31 -0.25 0.00 0.05
2015-12-31 -0.24 0.00 0.08
2015-09-30 -0.44 0.08 0.00
2015-06-30 -0.43 0.07 0.00
2015-03-31 -0.40 0.06 0.00
2014-12-31 -0.39 0.01 0.01
2014-09-30 -0.73 0.00 0.00
2014-06-30 -0.71 0.00 0.00
2014-03-31 -0.68 0.00 0.01
2013-12-31 -0.66 0.00 0.03
2013-09-30 -0.56 0.00 0.04
2013-06-30 -0.52 0.00 0.06
2013-03-31 -0.46 0.00 0.17
2012-12-31 -0.28 0.00 0.33
2012-09-30 1.18 0.00 0.11
2012-06-30 1.33 0.00 0.18
2012-03-31 1.60 0.00 0.63
  • Wescan Goldfields has no debt.
  • Wescan Goldfields had no debt 5 years ago.
  • Wescan Goldfields has no debt, it does not need to be covered by operating cash flow.
  • Wescan Goldfields has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Wescan Goldfields's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wescan Goldfields has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Wescan Goldfields's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Wescan Goldfields dividends.
If you bought CA$2,000 of Wescan Goldfields shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Wescan Goldfields's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Wescan Goldfields's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:WGF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Wescan Goldfields has not reported any payouts.
  • Unable to verify if Wescan Goldfields's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Wescan Goldfields's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Wescan Goldfields has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Wescan Goldfields's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wescan Goldfields afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wescan Goldfields has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Wescan Goldfields's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ken MacNeill
COMPENSATION CA$39,150
CEO Bio

Mr. Kenneth E. MacNeill, also known as Ken, has been the Chief Executive Officer of Star Diamond Corp. (formerly known as Shore Gold Inc.) since June 30, 1993 and its President since September 11, 2003. Mr. MacNeill serves as Chairman and Chief Executive Officer of Wescan Goldfields Inc., and has been its President since December 07, 2016. He served as an Advisor of Athabasca Potash Inc. He serves as the President of MacNeill Brothers Oil & Gas Ltd. He has been with Shore Gold Inc. since 1993. He is a Businessman. As a second generation Saskatchewan mine developer, he has an extensive background in all aspects of natural resource exploration and development. He guided Shore through the acquisition and exploration of the Star Diamond project. He served as an Executive Chairman of Shore Gold Inc. He served as the Chairman of Athabasca Potash Inc. until October 17, 2008. He serves as Lead Independent Director of Athabasca Potash Inc. He has been an Executive Director of Wescan Goldfields Inc. since January 17, 2003. He has been an Non-independent Director of Star Diamond Corp. since June 30, 1993. He serves as a Director of Red-Tail Infotech Inc. He served as a Director of Skeena Resources Ltd. from December 2001 to October 28, 2008. Mr. MacNeill served as a Director of Athabasca Potash Inc. from August 2, 2007 to October 17, 2008.

CEO Compensation
  • Ken's compensation has increased in line with Wescan Goldfields recently becoming profitable.
  • Ken's remuneration is lower than average for companies of similar size in Canada.
Management Team

Ken MacNeill

TITLE
Chairman
COMPENSATION
CA$39K

Greg Shyluk

TITLE
Chief Financial Officer
COMPENSATION
CA$12K
TENURE
5.8 yrs

Mark Shimell

TITLE
Vice President of Exploration
TENURE
8.3 yrs
Board of Directors Tenure

Average tenure of the Wescan Goldfields board of directors in years:

13.9
Average Tenure
  • The average tenure for the Wescan Goldfields board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ken MacNeill

TITLE
Chairman
COMPENSATION
CA$39K

Gary Billingsley

TITLE
Director
COMPENSATION
CA$6K
AGE
67
TENURE
13.9 yrs

Harvey Bay

TITLE
Independent Director
COMPENSATION
CA$6K
AGE
65
TENURE
14.8 yrs

Val Michasiw

TITLE
Director
COMPENSATION
CA$6K
TENURE
13.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Wescan Goldfields insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
06. Mar 19 Buy Thomas MacNeill Individual 05. Mar 19 05. Mar 19 7,000 CA$0.03 CA$210
08. Feb 19 Buy Thomas MacNeill Individual 07. Feb 19 08. Feb 19 84,000 CA$0.04 CA$2,966
07. Feb 19 Buy Thomas MacNeill Individual 07. Feb 19 07. Feb 19 27,000 CA$0.04 CA$1,080
23. Jan 19 Buy Thomas MacNeill Individual 21. Jan 19 21. Jan 19 14,000 CA$0.04 CA$560
17. Jan 19 Buy Thomas MacNeill Individual 17. Jan 19 17. Jan 19 1,000 CA$0.04 CA$40
10. Jan 19 Buy Thomas MacNeill Individual 10. Jan 19 10. Jan 19 3,000 CA$0.04 CA$120
08. Jan 19 Buy Thomas MacNeill Individual 08. Jan 19 08. Jan 19 1,000 CA$0.04 CA$35
22. Dec 18 Buy Thomas MacNeill Individual 21. Dec 18 21. Dec 18 3,000 CA$0.04 CA$120
20. Dec 18 Buy Thomas MacNeill Individual 20. Dec 18 20. Dec 18 10,000 CA$0.04 CA$400
13. Dec 18 Buy Thomas MacNeill Individual 11. Dec 18 11. Dec 18 5,000 CA$0.05 CA$225
14. Dec 18 Buy Thomas MacNeill Individual 13. Dec 18 13. Dec 18 30,000 CA$0.06 CA$1,515
07. Dec 18 Buy Thomas MacNeill Individual 06. Dec 18 06. Dec 18 1,000 CA$0.04 CA$35
04. Dec 18 Buy Thomas MacNeill Individual 03. Dec 18 03. Dec 18 2,000 CA$0.03 CA$60
29. Nov 18 Buy Thomas MacNeill Individual 29. Nov 18 29. Nov 18 1,000 CA$0.03 CA$30
28. Nov 18 Buy 49 North Resources Inc. Company 27. Nov 18 27. Nov 18 18,000 CA$0.04 CA$630
23. Nov 18 Buy 49 North Resources Inc. Company 22. Nov 18 22. Nov 18 15,000 CA$0.04 CA$525
20. Nov 18 Buy 49 North Resources Inc. Company 19. Nov 18 19. Nov 18 1,000 CA$0.04 CA$35
15. Nov 18 Buy 49 North Resources Inc. Company 14. Nov 18 14. Nov 18 1,000 CA$0.04 CA$35
14. Nov 18 Buy 49 North Resources Inc. Company 13. Nov 18 13. Nov 18 1,000 CA$0.04 CA$35
13. Nov 18 Buy 49 North Resources Inc. Company 12. Nov 18 12. Nov 18 13,000 CA$0.04 CA$455
02. Nov 18 Buy 49 North Resources Inc. Company 01. Nov 18 01. Nov 18 1,000 CA$0.04 CA$35
06. Nov 18 Buy 49 North Resources Inc. Company 05. Nov 18 05. Nov 18 12,000 CA$0.05 CA$540
01. Nov 18 Buy 49 North Resources Inc. Company 31. Oct 18 31. Oct 18 161,000 CA$0.04 CA$5,635
31. Oct 18 Buy 49 North Resources Inc. Company 30. Oct 18 30. Oct 18 100,000 CA$0.04 CA$3,500
05. Oct 18 Buy 49 North Resources Inc. Company 04. Oct 18 04. Oct 18 224,000 CA$0.05 CA$11,200
21. Sep 18 Buy 49 North Resources Inc. Company 20. Sep 18 20. Sep 18 6,000 CA$0.06 CA$330
13. Aug 18 Buy 49 North Resources Inc. Company 09. Aug 18 09. Aug 18 3,000 CA$0.04 CA$105
08. Aug 18 Buy 49 North Resources Inc. Company 07. Aug 18 07. Aug 18 16,000 CA$0.04 CA$560
01. Aug 18 Buy 49 North Resources Inc. Company 01. Aug 18 01. Aug 18 15,000 CA$0.05 CA$750
08. May 18 Buy Thomas MacNeill Individual 07. May 18 08. May 18 111,000 CA$0.09 CA$9,224
08. May 18 Buy 49 North Resources Inc. Company 07. May 18 07. May 18 16,500 CA$0.08 CA$1,385
07. May 18 Buy Thomas MacNeill Individual 04. May 18 04. May 18 150,000 CA$0.08 CA$12,000
07. May 18 Buy Thomas MacNeill Individual 07. May 18 07. May 18 51,000 CA$0.08 CA$4,080
07. May 18 Buy 49 North Resources Inc. Company 04. May 18 04. May 18 162,500 CA$0.08 CA$13,000
11. Apr 18 Buy 49 North Resources Inc. Company 09. Apr 18 09. Apr 18 2,000 CA$0.08 CA$150
10. Apr 18 Buy 49 North Resources Inc. Company 06. Apr 18 06. Apr 18 3,000 CA$0.07 CA$210
03. Apr 18 Buy 49 North Resources Inc. Company 29. Mar 18 29. Mar 18 9,000 CA$0.07 CA$630
X
Management checks
We assess Wescan Goldfields's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wescan Goldfields has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Percentage Of Wescan Goldfields Inc. (CVE:WGF) Shares Do Insiders Own?

Every investor in Wescan Goldfields Inc. … With a market capitalization of CA$1.8m, Wescan Goldfields is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Wescan Goldfields

Simply Wall St -

What Kind Of Shareholder Owns Most Wescan Goldfields Inc (CVE:WGF) Stock?

Every investor in Wescan Goldfields Inc (CVE:WGF) should be aware of the most powerful shareholder groups. … Wescan Goldfields is a smaller company with a market capitalization of CA$2m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Wescan Goldfields

Simply Wall St -

Who Are The Major Shareholders In Wescan Goldfields Inc (CVE:WGF)?

In this article, I will take a quick look at Wescan Goldfields Inc’s (CVE:WGF) recent ownership structure – an unconventional investing subject, but an important one. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

Company Info

Description

Wescan Goldfields Inc. acquires, explores for, and develops mineral properties in Canada. It holds 100% interests in the Jojay gold property comprising 5 claim blocks covering an area of 1,496 hectares; the Munro Lake gold property covering an area of 2,489 hectares; and the Fork Lake/Jasper/Tamar gold property covering an area of 6,513 hectares located to the northeast of La Ronge, Saskatchewan. The company was formerly known as Shore Resources Inc. and changed its name to Wescan Goldfields Inc. in April 2004. Wescan Goldfields Inc. was incorporated in 2003 and is based in Saskatoon, Canada.

Details
Name: Wescan Goldfields Inc.
WGF
Exchange: TSXV
Founded: 2003
CA$1,352,529
45,084,320
Website: http://www.wescangoldfields.com
Address: Wescan Goldfields Inc.
600–224 4th Avenue South,
Saskatoon,
Saskatchewan, S7K 5M5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV WGF Common Shares TSX Venture Exchange CA CAD 15. Oct 2004
OTCPK WEGO.F Common Shares Pink Sheets LLC US USD 15. Oct 2004
Number of employees
Current staff
Staff numbers
0
Wescan Goldfields employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:55
End of day share price update: 2019/03/05 00:00
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.