WRN Basic Materials

Western Copper and Gold Corporation

$1.56-1.27%

Price as of close on Nov 3, 2026 · Financials updated Oct 2, 2026

Basics

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Country: Canada
Market cap: 352.8M USD
Enterprise value: 263.5M USD
Full-time employees: 16

Overall health

Not enough data: too little is reported yet for an overall view

Only 2 of 4 categories have enough reported data; an overall score needs at least 3.

See how it ranks against its peers

Worth knowing

Shareholders being diluted. Shares outstanding up 33% from December 2022 to December 2025.
Western Copper and Gold had 33% more shares at December 2025 than at December 2022, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Western Copper and Gold had 33% more shares at December 2025 than at December 2022, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Not profitable yet. Reported a loss in the 12 months to December 2025.
Western Copper and Gold reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.
Little borrowing. Debt is 0.01× equity vs a peer median of 0.4×.Debt is 0.01× equity vs peers 0.4×.
Western Copper and Gold has among the least debt in its peer group relative to shareholders' equity.

StockQuotient Score

—

Valuation

Is the price right?

8/100

Weak

3/3 inputs reported · High confidence

Since last year: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-0.7%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · CAD→USD at the current rateNegative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0364 · MAD: 0.0364

EBITDA yield-2.0%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 months · CAD→USD convertedNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.64Sector median: 0.0854 · MAD: 0.0520

Free cash flow yield-0.8%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · CAD→USD at the current rate · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0261 · MAD: 0.0261

Other data (not scored)

Book yield43.4%

SEC filings (IFRS mapped) · latest balance sheet · CAD→USD at the current rateReported valueInformational · 0% composite weightSector median: 0.5947 · MAD: 0.3137

Growth

Is it growing?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Profitability

Does it earn well?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Risk

Debt, liquidity, price swings

Lower

Lower relative risk

3/3 inputs reported · High confidence

Since last year: No major change

Why

Stronger than most peers on:

▲ Current ratio
▲ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.81

Yahoo Finance · 5-year monthly beta vs the marketOutlier capped at sector 5th/95th percentile33% base weight · Z-score -3.96Sector median: 0.6950 · MAD: 0.2810

Current ratio19.69×

SEC filings (IFRS mapped) · latest balance sheetOutlier capped at sector 5th/95th percentile33% base weight · Z-score 10.36Sector median: 1.7610 · MAD: 0.6770

Debt / equity0.01×

Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score 1.20Sector median: 0.3578 · MAD: 0.2929

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Western Copper and Gold

Is Western Copper and Gold getting weaker?: Its latest SEC filing (Mar 26, 2026) showed no major changes.
How is Western Copper and Gold valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 1,371 basic materials peers. Earnings yield -0.7% vs a peer median of 3.6% (weaker than 100% of peers).Earnings yield -0.7% vs peers 3.6% (weaker than 100% of peers).
Is Western Copper and Gold growing?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How profitable is Western Copper and Gold?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How risky is Western Copper and Gold?: Lower risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings. Current ratio 19.69× vs a peer median of 1.76× (stronger than 95% of peers).Current ratio 19.69× vs peers 1.76× (stronger than 95% of peers). Beta 1.81 vs a peer median of 0.69 (weaker than 100% of peers).Beta 1.81 vs peers 0.69 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Year ended Dec 31, 2025 · filed Mar 26, 2026 · compared with the year ended Dec 31, 2024

No major changes

	Previous year	Latest year	Change
Net income (12 months)	−6.9M CAD	−3.1M CAD	−54.9%
Cash	14.2M CAD	22.3M CAD	+56.7%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in CAD, as reported

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Return on assets (ROA)	-3.2%	-4.4%	-2.3%	-3.6%	-1.6%	▲ 2.0 pts
Return on equity (ROE)	-3.3%	-4.6%	-2.4%	-3.7%	-1.6%	▲ 2.0 pts
Current ratio	15.42×	5.50×	7.47×	22.18×	19.69×	▼ 11%

WRN price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Worth knowing

Shareholders being diluted. Shares outstanding up 33% from December 2022 to December 2025.

Western Copper and Gold had 33% more shares at December 2025 than at December 2022, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Western Copper and Gold had 33% more shares at December 2025 than at December 2022, mostly from issuing stock. Each existing share now owns a smaller slice of the business.

Not profitable yet. Reported a loss in the 12 months to December 2025.

Western Copper and Gold reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.

Financials may be out of date. Latest financial period ended 10 months ago.

The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

Little borrowing. Debt is 0.01× equity vs a peer median of 0.4×.Debt is 0.01× equity vs peers 0.4×.

Western Copper and Gold has among the least debt in its peer group relative to shareholders' equity.

Questions investors ask about Western Copper and Gold

Is Western Copper and Gold getting weaker?

Its latest SEC filing (Mar 26, 2026) showed no major changes.

How is Western Copper and Gold valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 1,371 basic materials peers. Earnings yield -0.7% vs a peer median of 3.6% (weaker than 100% of peers).Earnings yield -0.7% vs peers 3.6% (weaker than 100% of peers).

Is Western Copper and Gold growing?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

How profitable is Western Copper and Gold?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

How risky is Western Copper and Gold?

Lower risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings. Current ratio 19.69× vs a peer median of 1.76× (stronger than 95% of peers).Current ratio 19.69× vs peers 1.76× (stronger than 95% of peers). Beta 1.81 vs a peer median of 0.69 (weaker than 100% of peers).Beta 1.81 vs peers 0.69 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Previous year

Latest year

Change

Net income (12 months)

−6.9M CAD

−3.1M CAD

−54.9%

Cash

14.2M CAD

22.3M CAD

+56.7%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Return on assets (ROA)

-3.2%

-4.4%

-2.3%

-3.6%

-1.6%

▲ 2.0 pts

Return on equity (ROE)

-3.3%

-4.6%

-2.4%

-3.7%

-1.6%

▲ 2.0 pts

Current ratio

15.42×

5.50×

7.47×

22.18×

19.69×

▼ 11%