Alaska Silver Corp (TSE:WAM)
:WAM
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Alaska Silver Corp
(WAM)
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Rating:44Neutral
Price Target:
C$0.83
▼(-35.85% Downside)
Action:ReiteratedDate:04/06/26
The score is primarily held down by weak financial performance typical of a pre-revenue explorer—no revenue, larger 2025 losses, rising cash burn, and reduced equity buffer. Technicals also lean negative with the stock trading below key moving averages and a negative MACD, while valuation signals are constrained by ongoing losses and no dividend support.
Positive Factors
Modest leverage
Historically low debt-to-equity (0.07–0.24) gives the company financial flexibility typical of explorers. Lower interest and creditor pressure preserves optionality to fund near-term exploration or absorb setbacks without immediate refinancing, a durable advantage for 2–6 months.
Negative Factors
Pre-revenue profile
The company remains pre-revenue with no operating inflows, meaning continued reliance on external capital to fund exploration and corporate costs. This structural lack of revenue increases financing and execution risk and limits self-sufficiency over the next 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest leverage
Historically low debt-to-equity (0.07–0.24) gives the company financial flexibility typical of explorers. Lower interest and creditor pressure preserves optionality to fund near-term exploration or absorb setbacks without immediate refinancing, a durable advantage for 2–6 months.
Read all positive factors
Alaska Silver Corp (WAM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$70.73M
Dividend YieldN/A
Average Volume (3M)403.84K
Price to Earnings (P/E)―
Beta (1Y)1.40
Revenue GrowthN/A
EPS Growth11.03%
CountryCA
Employees12
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.09
Shares Outstanding88,749,150
10 Day Avg. Volume835,455
30 Day Avg. Volume403,837
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)10.31
Price to Sales (P/S)0.00
P/FCF Ratio-13.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.08
Revenue Forecast (FY)N/A
Alaska Silver Corp Business Overview & Revenue Model
Company Description
Alaska Silver Corp. engages in the business of mineral exploration. Its properties include Round Top, Illinois Creek Mine, and Honker. The company was founded by Christopher Marrs on April 8, 2020 and is headquartered in Tucson, AZ....
Alaska Silver Corp Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
45
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -358.00 | 0.00 | 0.00 | -1.20K | 0.00 |
| EBITDA | -8.16M | -3.21M | -4.17M | -3.23M | -2.65M |
| Net Income | -8.86M | -3.31M | ― | -2.55M | ― |
Balance Sheet | |||||
| Total Assets | 16.72M | 35.37M | 32.08M | 27.72M | 13.26M |
| Cash, Cash Equivalents and Short-Term Investments | 9.05M | 849.57K | 1.19M | 3.84M | 1.49M |
| Total Debt | 2.30M | 2.36M | 2.82M | 2.70M | 2.51M |
| Total Liabilities | 10.54M | 3.17M | 3.76M | 3.36M | 2.78M |
| Stockholders Equity | 6.18M | 32.21M | 28.32M | 24.36M | 10.48M |
Cash Flow | |||||
| Free Cash Flow | -4.61M | -2.21M | -3.63M | -2.17M | -791.79K |
| Operating Cash Flow | -4.61M | -2.21M | -2.27M | -1.62M | -791.79K |
| Investing Cash Flow | -209.44K | -3.75M | -6.71M | -8.79M | -2.59M |
| Financing Cash Flow | 13.02M | 5.64M | 6.21M | 12.60M | 4.89M |
Alaska Silver Corp Technical Analysis
Negative
1.30
Price Trends
0.96
Negative
1.04
Negative
1.03
Negative
Market Momentum
-0.04
Negative
41.68
Neutral
55.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WAM, the sentiment is Negative. The current price of 1.3 is above the 20-day moving average (MA) of 0.88, above the 50-day MA of 0.96, and above the 200-day MA of 1.03, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 41.68 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WAM.
Alaska Silver Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | C$457.64M | -55.40 | -4.59% | ― | ― | -14.43% | |
46 Neutral | C$216.32M | -20.48 | -19.58% | ― | ― | -34.83% | |
44 Neutral | C$70.73M | -7.19 | -20.45% | ― | ― | 11.03% | |
43 Neutral | C$451.71M | -32.59 | -105.31% | ― | ― | -198.87% | |
41 Neutral | C$35.65M | -73.87 | -25.82% | ― | ― | -14.77% |
* Basic Materials Sector Average
TSE:WAM
Alaska Silver Corp
0.80
0.26
47.22%
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Blackrock Silver
1.23
0.93
310.00%
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Silver Tiger Metals
0.82
0.54
192.86%
TSE:SSV
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0.53
0.33
158.54%
TSE:PNTR
Pantera Silver
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TSE:AGA
Silver47 Exploration Corp
0.68
0.06
9.68%
Alaska Silver Corp Corporate Events
Business Operations and Strategy
Alaska Silver Launches Aggressive 6,000-Meter 2026 Drill Program at Illinois Creek
Positive
Mar 12, 2026
Alaska Silver Corp. has outlined a fully funded 6,000-meter diamond drilling and surface exploration program for summer 2026 at its 100%-owned Illinois Creek silver-gold-lead-zinc and gallium project in western Alaska. Using two company-owned dril...
Business Operations and StrategyRegulatory Filings and Compliance
Alaska Silver Files Updated NI 43-101 Report Confirming Larger Illinois Creek Resource
Positive
Feb 27, 2026
Alaska Silver Corp. has filed an independent NI 43-101 technical report on SEDAR+ supporting the updated mineral resource estimate for the Illinois Creek gold-silver oxide deposit in western Alaska. Prepared by independent qualified person Dr. Bru...
Business Operations and StrategyRegulatory Filings and ComplianceStock Split
Alaska Silver to Scrap Dual-Class Shares in Capital Structure Overhaul
Positive
Feb 11, 2026
Alaska Silver Corp. is simplifying its capital structure by converting all proportionate voting shares into subordinate voting shares at a 100-to-1 ratio, eliminating a dual-class structure originally designed to help preserve its former foreign p...
Business Operations and StrategyFinancial Disclosures
Alaska Silver Nearly Doubles Inferred Resources at Illinois Creek in Bullish Metals Market
Positive
Jan 22, 2026
Alaska Silver Corp has released an updated mineral resource estimate for the Illinois Creek gold-silver deposit in Western Alaska, showing Indicated resources of 9.0 million tonnes grading 0.92 grams per tonne gold and 29.72 grams per tonne silver...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
Alaska Silver Hits High-Grade Silver and Zinc at Illinois Creek’s Waterpump Creek and Silver Sage
Positive
Jan 20, 2026
Alaska Silver Corp reported high-grade silver and zinc intercepts from its 2025 drilling program at the Illinois Creek project in western Alaska, including strong results from the Waterpump Creek deposit that suggest the continuation of its existi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.