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Western Magnesium TSXV:WMG Stock Report

Last Price

CA$0.11

Market Cap

CA$50.8m

7D

0%

1Y

-65.1%

Updated

05 Jun, 2023

Data

Company Financials

Western Magnesium Corporation

TSXV:WMG Stock Report

Market Cap: CA$50.8m

WMG Stock Overview

Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States.

WMG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Western Magnesium Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western Magnesium
Historical stock prices
Current Share PriceCA$0.11
52 Week HighCA$0.35
52 Week LowCA$0.085
Beta0.28
1 Month Change0%
3 Month Change0%
1 Year Change-65.08%
3 Year Change-15.38%
5 Year Change266.67%
Change since IPO-63.33%

Recent News & Updates

Recent updates

Shareholder Returns

WMGCA Metals and MiningCA Market
7D0%1.4%0.4%
1Y-65.1%-8.6%9.0%

Return vs Industry: WMG underperformed the Canadian Metals and Mining industry which returned -9.7% over the past year.

Return vs Market: WMG underperformed the Canadian Market which returned -0.8% over the past year.

Price Volatility

Is WMG's price volatile compared to industry and market?
WMG volatility
WMG Average Weekly Movementn/a
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: WMG has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine WMG's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
196630Sam Atayahttps://westernmagnesium.com

Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States. The company primarily explores for magnesium deposits. It holds a 100% interest in the Tami Mosi mining claim that consists of 81 unpatented mining claims covering an area of approximately 1,673 acres; four unpatented lode mining claims covering an area of approximately 10 acres located in the Moor Mining District in Elco County, Nevada; and the Silverado mining claim, which consists of three patented mining claims covering an area of approximately 296 acres located in the Pinto mining district of Nevada.

Western Magnesium Corporation Fundamentals Summary

How do Western Magnesium's earnings and revenue compare to its market cap?
WMG fundamental statistics
Market capCA$50.76m
Earnings (TTM)-CA$43.33m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WMG income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$32.27m
Earnings-US$32.27m

Last Reported Earnings

Jul 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.07
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-105.7%

How did WMG perform over the long term?

See historical performance and comparison
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