Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesWestern Exploration Inc

Western Exploration Inc

Basic Materials Other Precious Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.56 CAD -0.01 ( 1.75%)
Last update at 2026-11-04T16:05:00Z
VOLUME
11000
Market Cap
45.52M

Momentum Score

…

Western Exploration Inc. engages in the exploration, acquisition, development, and mining of precious metals and other mineral deposits in the state of Nevada, the United States. The company explores for gold and silver deposits. Its flagship property is the Aura project comprising 709 unpatented lode mining claims covering 12,848 acres located in Elko County, Nevada. The company is based in Vancouver, Canada. Western Exploration Inc. was formerly a subsidiary of Golkonda Llc.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.56
Low
0.58
High
52 Week Price Range
0.58
Low
1.20
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Western Exploration Inc (WEX.V) is limited; the company appears to be a junior mineral exploration issuer listed on the TSX Venture Exchange. Long-term growth drivers could include successful drilling and resource definition, positive commodity price trends, and strategic financing or joint ventures. Investors may find exposure to early-stage exploration upside appealing if they are comfortable with high uncertainty.
Key investment risks include limited disclosure, unproven resources, frequent need for capital raising, exploration and geological uncertainty, and sensitivity to metal prices and permitting outcomes.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.57
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-49.00%
Net Debt
-
ROCE
-61.48%
Diluted EPS TTM
-0.14

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -5.72M -4.55M -5.38M -1.86M -7.22M
Net income -5.72M -4.55M -5.38M -1.86M -7.22M
Selling general administrative 2.08M 2.16M 3.44M 1.08M 1.82M
Gross profit - - -0.01M -0.01M -0.03M
Reconciled depreciation 0.01M 0.01M 0.01M 0.01M 0.03M
Ebit - - - -1.94M -7.28M
Ebitda - - -5.37M -1.93M -7.19M
Operating income -5.86M -4.58M -5.61M -1.94M -7.22M
Other operating expenses - - - 0.00M 0.00M
Interest expense - - 0.00M 0.00M 0.00M
Interest income 0.11M 0.04M 0.01M - -
Net interest income 0.11M 0.04M 0.01M -0.02M 0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 5.86M 4.58M 5.61M 1.94M 7.22M
Cost of revenue - - 0.01M 0.01M 0.03M
Total other income expense net 0.04M -0.02M 0.21M 0.11M -
Net income from continuing ops -5.72M -4.55M -5.38M -1.86M -7.22M
Net income applicable to common shares - - - -1.86M -7.22M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 9.66M 9.30M 9.98M 14.13M 9.86M
Total liab 1.16M 1.33M 1.07M 2.50M 1.97M
Total stockholder equity 8.50M 7.97M 8.91M 11.63M 7.89M
Other current liab - - 0.01M 0.45M 1.30M
Common stock - - - 45.76M 44.52M
Capital stock 52.70M 49.29M 46.90M 45.76M 44.52M
Retained earnings -65.61M -59.90M -55.35M -49.97M -51.41M
Other liab - - - 0.78M 0.40M
Other assets - - - 0.63M 0.82M
Cash 0.99M 0.52M 1.27M 5.50M 1.07M
Total current liabilities 0.13M 0.25M 0.12M 1.71M 1.57M
Other stockholder equity - - - 0.05M -
Property plant equipment - - - 7.98M 7.95M
Total current assets 1.09M 0.72M 1.39M 5.53M 1.10M
Net tangible assets - - - 11.63M 7.89M
Net receivables - - - 0.00M -
Accounts payable 0.13M 0.11M 0.06M 1.21M 0.11M
Non currrent assets other 0.61M 0.61M 0.61M 0.62M 0.81M
Non current assets total 8.57M 8.58M 8.58M 8.61M 8.77M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments 0.00M 0.01M 0.01M 0.04M -0.03M
Change to liabilities - - - 1.00M 0.09M
Total cashflows from investing activities - - - 0.04M -0.03M
Net borrowings - - - 0.28M 0.28M
Total cash from financing activities 5.87M 3.12M 0.83M 4.46M 7.41M
Change to operating activities - - - 0.01M 0.54M
Net income -5.72M -4.55M -5.38M -1.86M -7.22M
Change in cash 0.47M -0.75M -4.24M 4.24M 0.85M
Begin period cash flow 1.13M 1.88M 6.12M 1.88M 1.03M
End period cash flow 1.60M 1.13M 1.88M 6.12M 1.88M
Total cash from operating activities -5.40M -3.87M -5.09M -0.27M -6.52M
Issuance of capital stock 5.87M 3.12M 0.83M 4.19M 7.41M
Depreciation 0.01M 0.01M 0.01M 0.01M 0.03M
Change to netincome - - - 0.57M 0.04M
Capital expenditures 0.00M 0.00M 0.00M 0.04M 0.03M
Change in working capital -0.02M 0.06M -0.91M 1.01M 0.63M
Stock based compensation 0.51M 0.48M 1.47M - -
Other non cash items - - - 0.73M 0.00M
Free cash flow -5.40M -3.87M -5.09M -0.31M -6.55M

Peer Comparison*

Sector: Basic Materials Industry: Other Precious Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
WEX
Western Exploration Inc		 -0.01
1.75%		 0.56 - - - 3.74 -28.06
ARTG
Artemis Gold Inc		 4.38
12.49%		 39.51 26.36 15.55 9.89 8.93 15.40
MTA
Metalla Royalty & Streaming Ltd		 0.97
9.70%		 10.97 - 36.10 72.68 2.54 399.21
ITR
Integra Resources Corp		 0.24
8.72%		 3.06 - 5.51 3.41 3.44 15.52
GSKR
Goldsky Resources Corp.		 0.18
7.26%		 2.66 - - - 4.47 -25.01

Profile*

Western Exploration Inc

Western Exploration Inc. engages in the exploration, acquisition, development, and mining of precious metals and other mineral deposits in the state of Nevada, the United States. The company explores for gold and silver deposits. Its flagship property is the Aura project comprising 709 unpatented lode mining claims covering 12,848 acres located in Elko County, Nevada. The company is based in Vancouver, Canada. Western Exploration Inc. was formerly a subsidiary of Golkonda Llc.

Park Place, Vancouver, BC, Canada, V6C 2X8

775 329 8119

https://www.westernexploration.com

Name Title Year Born
Mr. Darcy Edward Marud P.Geo Pres, CEO & Director 1964
Mr. Curtis K. Turner Chief Financial Officer 1974
Mr. Jacob Fainzilberg Corp. Sec. 1988
Mr. Darcy Edward Marud P.Geo President, CEO & Director 1964
Ms. Nichole Cowles Director of Investor Relations NA
Mr. Jacob Fainzilberg Corporate Secretary 1988

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 30.50
+15.05%
DSV
CAD 11.02
+14.55%
USA
CAD 4.29
+13.19%
NUAG
CAD 7.70
+12.90%
GMIN
CAD 43.79
+12.86%
DRUG
CAD 26.11
-29.58%
HUT
CAD 68.98
-22.41%
UCU
CAD 2.09
-14.34%
VET
CAD 14.87
-14.29%
PHX
CAD 10.96
-13.56%

Equity Sectors*

  • Basic Materials

    +5.46%

  • Communication Services

    +3.38%

  • Consumer Cyclical

    +3.11%

  • Consumer Defensive

    +1.35%

  • Energy

    -4.79%

  • Financial Services

    +2.66%

  • Healthcare

    -0.72%

  • Industrials

    -0.11%

  • Real Estate

    +1.84%

  • Technology

    +1.05%

  • Utilities

    +0.39%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…