TSX-V

Western Gold Exploration Ltd.

WGLD.V•Basic Materials•Gold
Current Price
$0.13
Today's Change
+0.00%
Market Cap
$5.31M
Volume
16.00K
🥇

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

Western Gold Exploration Ltd. focuses on exploring and developing gold and copper mineral properties in Scotland. The company shows strong liquidity with a current ratio of 19.55 and no debt, indicating financial stability. However, it faces significant concerns with negative returns on equity and assets, reflecting operational challenges. The low market cap of $5.31M and stagnant price suggest limited investor confidence, despite the potential in the gold sector. Overall, while the company has a solid balance sheet, its profitability metrics raise red flags for potential investors.

Based on 18 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.44
52 Week Low$0.10
Avg Volume4.68K
Beta1.19
Shares Outstanding42.48M

🔥 Valuation

Market Cap$5.31M
Enterprise Value$5.03M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $652K in cash but burned $409K last quarter. At this burn rate, only 1.6 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-1.7M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.6M 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 19.6x ensures operational stability.

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