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Home CompaniesWescan Goldfields Inc

Wescan Goldfields Inc

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
0.12 CAD 0.01 ( 9.09%)
Last update at 2026-11-04T16:56:00Z
VOLUME
21000
Market Cap
12.88M

Momentum Score

…

Wescan Goldfields Inc., a mineral exploration company, focuses on acquisition and exploration of properties in Canada. The company explores for gold deposits. It holds 100% interest in the Jojay Gold property consisting of five claim blocks covering approximately an area of 1,496 hectares; the Munro Lake Gold property consists of mineral dispositions covering 2,480 hectares; and the Fork Lake/Jasper/Tamar Gold property consisting of mineral dispositions covering an area of 6,513 hectares located in the northeast of La Ronge, Saskatchewan. The company was formerly known as Shore Resources Inc. and changed its name to Wescan Goldfields Inc. in April 2004. Wescan Goldfields Inc. was incorporated in 2003 and is based in Saskatoon, Canada.

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
0.12
Low
0.12
High
52 Week Price Range
0.03
Low
0.24
High

Momentum Score

…
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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

Wescan Goldfields Inc. is a Canadian junior mineral exploration company listed on the TSX Venture Exchange (WGF.V) that focuses on gold exploration; public information on specific projects and operations is limited. Its long-term growth drivers may include successful drilling results, higher gold prices, and access to capital or joint ventures, which could support resource definition and project advancement and may attract investors seeking leveraged exposure to precious metals.
The company faces high exploration risk, potential dilution from frequent financings, commodity-price volatility, regulatory and permitting uncertainty, and a limited operating history.

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
0.11
Dividend Yield
-
Revenue TTM
-0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-1048.17%
Net Debt
0.10M
ROCE
115.22%
Diluted EPS TTM
-

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 -0.17M -0.35M -0.13M -0.13M -0.06M
Net income -0.17M -0.35M -0.13M -0.13M -0.06M
Selling general administrative 0.08M 0.16M 0.11M 0.13M 0.06M
Reconciled depreciation 0.00M 0.00M 0.00M 0.00M 0.00M
Ebit - - - -0.13M -0.06M
Ebitda - - -0.13M -0.13M -0.06M
Operating income -0.17M -0.36M -0.13M -0.13M -0.06M
Interest expense - - - 0.00M 0.00M
Interest income 0.00M 0.00M 0.00M 0.00M 0.00M
Net interest income 0.00M 0.00M 0.00M 0.00M 0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.17M 0.36M 0.13M 0.13M 0.06M
Total other income expense net - 0.01M - - -
Net income from continuing ops -0.17M -0.35M -0.13M -0.13M -0.06M
Net income applicable to common shares - - - -0.13M -0.06M
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 0.00M 0.08M 0.22M 0.01M 0.06M
Total liab 0.23M 0.14M 0.10M 0.10M 0.09M
Total stockholder equity -0.22M -0.05M 0.12M -0.09M -0.03M
Other current liab - - - 0.02M 0.02M
Common stock - - - 20.69M 20.69M
Capital stock 20.86M 20.86M 20.81M 20.69M 20.69M
Retained earnings -24.03M -23.86M -23.51M -23.37M -23.24M
Other liab - - - 0.08M 0.08M
Cash 0.00M 0.08M 0.22M 0.00M 0.06M
Total current liabilities 0.15M 0.06M 0.03M 0.02M 0.02M
Net debt 0.10M - - - -
Short long term debt 0.10M - - - -
Property plant equipment - - - 0.00M 0.00M
Total current assets 0.00M 0.08M 0.22M 0.00M 0.06M
Net tangible assets - - - -0.09M -0.03M
Net receivables 0.00M 0.01M 0.00M 0.00M 0.00M
Non current assets total 0.00M 0.00M 0.00M 0.00M 0.00M
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
Change to liabilities - - - 0.00M 0.00M
Net borrowings 0.10M 0.00M - - -
Total cash from financing activities 0.10M 0.18M 0.35M - -
Change to operating activities - - - -0.00M 0.00M
Net income -0.17M -0.35M -0.13M -0.13M -0.06M
Change in cash -0.08M -0.14M 0.22M -0.06M -0.05M
Begin period cash flow 0.08M 0.22M 0.00M 0.06M 0.12M
End period cash flow 0.00M 0.08M 0.22M 0.00M 0.06M
Total cash from operating activities -0.18M -0.33M -0.13M -0.06M -0.05M
Issuance of capital stock 0.00M 0.18M 0.35M - -
Depreciation 0.00M 0.00M 0.00M 0.00M 0.00M
Change to account receivables - - - 0.00M 0.00M
Change to netincome - - - 0.07M 0.07M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital -0.01M 0.03M 0.00M 0.00M 0.00M
Stock based compensation - - 0.00M 0.07M -
Other non cash items 0.00M -0.01M - - -
Free cash flow -0.18M -0.33M -0.13M -0.06M -0.05M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
WGF
Wescan Goldfields Inc		 0.01
9.09%		 0.12 - - 106.20 27.21 101.87 -31.03
OMG
Omai Gold Mines Corp		 0.18
12.08%		 1.67 - - - 62.63 - -4.09
ASE
Asante Gold Corporation		 0.07
12.07%		 0.65 - 6.57 2.23 269.42 2.23 49.52
THX
Thor Explorations Ltd.		 0.06
6.98%		 0.92 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp		 0.80
7.86%		 10.98 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

Wescan Goldfields Inc

Wescan Goldfields Inc., a mineral exploration company, focuses on acquisition and exploration of properties in Canada. The company explores for gold deposits. It holds 100% interest in the Jojay Gold property consisting of five claim blocks covering approximately an area of 1,496 hectares; the Munro Lake Gold property consists of mineral dispositions covering 2,480 hectares; and the Fork Lake/Jasper/Tamar Gold property consisting of mineral dispositions covering an area of 6,513 hectares located in the northeast of La Ronge, Saskatchewan. The company was formerly known as Shore Resources Inc. and changed its name to Wescan Goldfields Inc. in April 2004. Wescan Goldfields Inc. was incorporated in 2003 and is based in Saskatoon, Canada.

224 4th Avenue South, Saskatoon, SK, Canada, S7K 5M5

306 244 5480

https://www.wescangoldfields.com

Name Title Year Born
Mr. Kenneth E. MacNeill Chairman, Pres & CEO NA
Mr. Greg P. Shyluk Chief Financial Officer NA
Mr. Mark A. Shimell VP of Exploration NA
Mr. Kenneth E. MacNeill Chairman, President & CEO NA
Mr. William Connor MacNeill Interim CFO & Manager of Corporate Development NA
Mr. Kenneth E. MacNeill Executive Chairman NA
Mr. William Connor MacNeill President & CEO NA

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.

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