Explores for gold, copper, silver, and molybdenum deposits. Focuses on the development of the Casino mineral property in Yukon, Canada. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
The cash pile is strong; debt and other items pull the grade toward the middle.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
Business Quality: Profit power and business quality trail similar companies in the sector.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
angles, checked one by one.
The 3 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Profit per Sale: The profit kept from each sale is thin.
The stock trades 40% below its peak. The market has trimmed its expectations for the company.
There is $36.4M in the vault; even if every debt were paid off, $36.2M would remain.
A loss of $2.2M against $0 in annual sales.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 31/100.
Today’s price already includes part of tomorrow’s optimism. Report-card grade: 34/100.
On our five-subject report card, WRN sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: WRN is a high-risk stock — not yet profitable, and its future rides on its product catching on.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.
Analysts’ average target sits above today’s price, yet the valuation grade (34/100) says the stock isn’t cheap.
Not covered, because the filings we hold do not carry it: the revenue breakdown.