WestKam Gold Corp. engages in the acquisition and exploration of exploration and evaluation assets in Canada. More Details
Mediocre balance sheet and overvalued.
Share Price & News
How has WestKam Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WKG is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: WKG's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: WKG exceeded the Canadian Metals and Mining industry which returned 36.5% over the past year.
Return vs Market: WKG exceeded the Canadian Market which returned 0.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is WestKam Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is WestKam Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WKG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WKG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WKG is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: WKG 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 WKG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WKG is good value based on its PB Ratio (0.3x) compared to the CA Metals and Mining industry average (2.6x).
How is WestKam Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 WestKam 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.
- Take a look at our analysis of WKG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- WestKam Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has WestKam Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WKG is currently unprofitable.
Growing Profit Margin: WKG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WKG is unprofitable, but has reduced losses over the past 5 years at a rate of 17.1% per year.
Accelerating Growth: Unable to compare WKG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WKG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: WKG has a negative Return on Equity (-3.18%), as it is currently unprofitable.
How is WestKam Gold's financial position?
Financial Position Analysis
Short Term Liabilities: WKG's short term assets (CA$31.4K) do not cover its short term liabilities (CA$758.1K).
Long Term Liabilities: WKG's short term assets (CA$31.4K) do not cover its long term liabilities (CA$41.0K).
Debt to Equity History and Analysis
Debt Level: WKG's debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WKG's debt to equity ratio has reduced over the past 5 years.
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: WKG has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WKG is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.
What is WestKam Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WKG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WKG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WKG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WKG'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 WKG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Wayrynen (58 yo)
Mr. Matthew J. Wayrynen, also known as Matt, serves as the Chairman, Chief Executive Officer and Chief Operating Officer at Solar Flow-Through L.P. He has been Chief Executive Officer, President and Direct...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD165.53K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
|CFO & Corporate Secretary||8.33yrs||CA$60.00k||no data|
|Vice President of Exploration||15.58yrs||no data||no data|
Experienced Management: WKG's management team is seasoned and experienced (8.3 years average tenure).
|Member of Advisory Board||8.83yrs||no data||no data|
|Member of Advisory Board||8.83yrs||no data||no data|
|Member of the Advisory Board||8.67yrs||no data||no data|
|Independent Director||3yrs||no data||no data|
|Independent Director||no data||no data||no data|
Experienced Board: WKG's board of directors are considered experienced (8.7 years average tenure).
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 207.2%.
WestKam Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: WestKam Gold Corp.
- Ticker: WKG
- Exchange: TSXV
- Founded: 1982
- Industry: Gold
- Sector: Materials
- Market Cap: CA$5.684m
- Shares outstanding: 22.74m
- Website: https://www.westkamgold.com
- WestKam Gold Corp.
- 570 Granville Street
- Suite 900
- British Columbia
- V6C 3P1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WKG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|OUH3||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
|WKGF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1988|
WestKam Gold Corp. engages in the acquisition and exploration of exploration and evaluation assets in Canada. The company primarily explores for gold, silver, copper, and tellurium deposits. It holds a 100...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 23:41|
|End of Day Share Price||2020/11/27 00:00|
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.