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Western Alaska Minerals Corp (TSE:WAM)
:WAM
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Western Alaska Minerals Corp (WAM) AI Stock Analysis

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Western Alaska Minerals Corp

(WAM)

Rating:42Neutral
Price Target:
Western Alaska Minerals Corp shows significant weaknesses in financial performance, with no revenue, negative earnings, and reliance on external financing. The technical indicators signify a bearish trend, while valuation metrics highlight unattractiveness due to negative profitability and no dividends. The stability of the balance sheet provides some support, but overall, the stock faces considerable challenges.

Western Alaska Minerals Corp (WAM) vs. iShares MSCI Canada ETF (EWC)

Western Alaska Minerals Corp Business Overview & Revenue Model

Company DescriptionWestern Alaska Minerals Corp (WAM) is a resource exploration company focused on the discovery and development of precious and base metal projects in Alaska. The company is engaged in the exploration of mineral-rich properties, primarily targeting silver, lead, zinc, and copper. WAM leverages its expertise in geological exploration to identify and develop high-potential mining sites, contributing to the growing demand for metals and minerals in various industries.
How the Company Makes MoneyWestern Alaska Minerals Corp generates revenue primarily through the exploration and potential sale or joint venture of its mineral properties. The company invests in identifying and developing mineral-rich sites, which can be sold or partnered with larger mining companies. Revenue streams may include the outright sale of mining rights, royalty agreements, and joint ventures wherein WAM retains a stake in the project. Additionally, strategic partnerships can provide funding and resource sharing, enhancing the company's ability to explore and develop its projects. The value of the company's properties and potential earnings is heavily influenced by global commodity prices, exploration success, and the ability to secure investment or partnerships.

Western Alaska Minerals Corp Financial Statement Overview

Summary
Western Alaska Minerals Corp is facing significant challenges in income generation, with no revenue and negative profitability metrics. The balance sheet shows strength with a solid equity base, but cash flow issues underscore a reliance on external financing.
Income Statement
20
Very Negative
Western Alaska Minerals Corp has not generated any revenue in the TTM period, indicating a lack of sales or operational income. The company is experiencing significant losses, as seen with a negative EBIT and net income. The absence of revenue growth suggests a challenging outlook in terms of income generation.
Balance Sheet
65
Positive
The company shows a strong equity position with stockholders' equity making up a substantial part of total assets, reflected in a solid equity ratio. However, the debt-to-equity ratio is moderate, indicating manageable levels of debt relative to equity. The balance sheet is relatively stable, providing some level of financial security.
Cash Flow
30
Negative
The cash flow statement reflects negative operating and free cash flows, indicating a reliance on financing activities to support operations. There is no free cash flow growth observed, and the ratios relative to net income are negative, pointing to challenges in cash generation.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.000.00-1.20K0.000.00
EBITDA-3.21M-4.17M-3.23M-2.65M
Net Income-3.31M-2.55M
Balance Sheet
Total Assets35.37M32.08M27.72M13.26M8.89M
Cash, Cash Equivalents and Short-Term Investments849.57K1.19M3.84M1.49M52.18K
Total Debt2.36M2.82M2.70M2.51M24.30K
Total Liabilities3.17M3.76M3.36M2.78M32.26K
Stockholders Equity32.21M28.32M24.36M10.48M
Cash Flow
Free Cash Flow-2.21M-3.63M-2.17M-63.66K
Operating Cash Flow-2.21M-2.27M-1.62M-63.66K
Investing Cash Flow-3.75M-6.71M-8.79M-1.00M
Financing Cash Flow5.64M6.21M12.60M4.89M676.29K

Western Alaska Minerals Corp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.10
Price Trends
50DMA
0.79
Positive
100DMA
0.70
Positive
200DMA
0.64
Positive
Market Momentum
MACD
0.08
Negative
RSI
76.08
Negative
STOCH
94.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WAM, the sentiment is Positive. The current price of 1.1 is above the 20-day moving average (MA) of 0.84, above the 50-day MA of 0.79, and above the 200-day MA of 0.64, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 76.08 is Negative, neither overbought nor oversold. The STOCH value of 94.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WAM.

Western Alaska Minerals Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSBTO
66
Neutral
$6.04B-17.61%4.86%5.97%-1677.31%
MUMUX
60
Neutral
$591.16M3.61-6.15%-2.18%-137.21%
TSIPT
59
Neutral
$99.16M-11.62%77.54%43.46%
TSBCM
53
Neutral
C$44.41M-134.67%11.35%-19.64%
44
Neutral
C$961.63M-6.69-13.73%2.61%17.55%-32.57%
TSWAM
42
Neutral
C$46.76M-10.28%42.10%
TSBAY
36
Underperform
C$16.44M-349.78%-184.91%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:WAM
Western Alaska Minerals Corp
1.10
0.11
11.11%
MUX
McEwen Mining
10.95
1.66
17.87%
TSE:IPT
IMPACT Silver
0.36
0.11
46.94%
TSE:BCM
Bear Creek Mining
0.20
-0.13
-40.00%
TSE:BTO
B2Gold
4.57
0.63
15.96%
TSE:BAY
Aston Bay Holdings
0.06
-0.04
-40.00%

Western Alaska Minerals Corp Corporate Events

Western Alaska Minerals Grants Stock Options and RSUs
Dec 30, 2024

Western Alaska Minerals Corp. has granted 1,095,000 stock options to key personnel, exercisable at $0.45 for five years, and issued 75,000 restricted share units to employees, vesting in one year. This strategic move aligns with the company’s mission to advance its ambitious mineral exploration projects in Alaska.

Western Alaska Minerals Confirms District Potential
Nov 5, 2024

Western Alaska Minerals has confirmed the district-scale potential of its Illinois Creek project with promising drilling results showing continuity of mineralization. The Warm Springs zone highlights the connection between the Waterpump Creek silver and Illinois Creek gold deposits, suggesting a large-scale hydrothermal system. These findings strengthen the project’s prospects, illustrating significant mineralization across a substantial corridor.

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.Date of analysis: Jan 14, 2025