3WM Stock Overview
Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Western Magnesium Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.061 |
| 52 Week High | CA$0.22 |
| 52 Week Low | CA$0.047 |
| Beta | 0.36 |
| 1 Month Change | 0% |
| 3 Month Change | 0.33% |
| 1 Year Change | -72.15% |
| 3 Year Change | -17.01% |
| 5 Year Change | 408.33% |
| Change since IPO | -44.55% |
Recent News & Updates
Recent updates
Shareholder Returns
| 3WM | DE Metals and Mining | DE Market | |
|---|---|---|---|
| 7D | 0% | -3.0% | -1.0% |
| 1Y | -72.1% | -25.0% | 2.0% |
Return vs Industry: 3WM underperformed the German Metals and Mining industry which returned 1.7% over the past year.
Return vs Market: 3WM underperformed the German Market which returned 5.9% over the past year.
Price Volatility
| 3WM volatility | |
|---|---|
| 3WM Average Weekly Movement | n/a |
| Metals and Mining Industry Average Movement | 7.7% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.2% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 3WM has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine 3WM's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1966 | 30 | Sam Ataya | 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
| 3WM fundamental statistics | |
|---|---|
| Market cap | €35.25m |
| Earnings (TTM) | -€30.13m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-1.2x
P/E RatioIs 3WM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3WM income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$32.27m |
| Earnings | -US$32.27m |
Last Reported Earnings
Jul 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.07 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | -105.7% |
How did 3WM perform over the long term?
See historical performance and comparison