CSE

Westward Gold Inc.

WG.CN•Basic Materials•Gold
Current Price
$0.18
Today's Change
-5.13%
Market Cap
$45.86M
Volume
6.00K
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Westward Gold Inc. is a mineral exploration company focused on acquiring and developing gold properties in the U.S. A key strength is its strong liquidity, indicated by a current ratio of 18.49 and zero debt, which provides financial stability. However, concerns arise from negative returns on equity and assets, both at -5.6%, suggesting operational inefficiencies. The recent 5.13% decline in share price may reflect market apprehension about its exploration outcomes, despite a solid financial foundation. Overall, while the company has a robust liquidity position, its profitability metrics warrant attention.

Based on 21 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.40
52 Week Low$0.07
Avg Volume608.44K
Beta1.70
Shares Outstanding235.18M

🔥 Valuation

Market Cap$45.86M
Enterprise Value$42.86M
P/E Ratio-18.93
EV/EBITDA ⚠️-13.63x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-1.8M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.2M over the last year.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 18.5x ensures operational stability.

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