CSE

Wedgemount Resources Corp.

WDGY.CN•Basic Materials•Other Precious Metals
Current Price
$0.04
Today's Change
+0.00%
Market Cap
$2.75M
Volume
94.00K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Wedgemount Resources Corp. focuses on acquiring and exploring copper and gold assets in Canada. While it boasts a high gross margin of 100%, its negative EBITDA and net margins indicate significant operational challenges. The current and quick ratios of 0.11 and 0.08 suggest liquidity issues, raising concerns about its ability to meet short-term obligations. The stark contrast between high margins and low valuation reflects potential inefficiencies or market skepticism regarding its future profitability. Overall, the company faces considerable financial hurdles despite its exploration potential.

Based on 25 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.13
52 Week Low$0.02
Avg Volume221.74K
Beta-0.63
Shares Outstanding68.70M

🔥 Valuation

Market Cap$2.75M
Enterprise Value$7.32M
P/E Ratio-0.18
EV/EBITDA ⚠️-2.87x
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $40K in cash but burned $224K last quarter. At this burn rate, only 0.2 quarters of runway remain without additional financing.

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Revenue Declining

Revenue fell 20.7% year-over-year from $1.4M to $1.1M. The decline has persisted for multiple quarters.

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Significant Losses

Company posted a loss of $-12.4M over the last year, representing 1081.0% of revenue.

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High Debt Load

Debt of $4.6M is 116.6x the company's cash position of $40K.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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