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Waraba Gold Limited (TSE:WBGD)
:WBGD

Waraba Gold Limited (WBGD) Price & Analysis

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WBGD Stock Chart & Stats

C$0.10
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.10
C$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Balance Sheet ImprovementThe most recent TTM balance shows positive equity and low reported debt, which materially improves near-term financial flexibility. Manageable leverage reduces immediate refinancing pressure, supports continued exploration spending, and gives the company optionality to fund development or seek non-dilutive partners.
Declining Magnitude Of LossesA sustained reduction in loss size versus the 2021 peak suggests improving cost control and operational discipline. Lower recurring losses lengthen runway per financing round and reduce the frequency/size of future capital raises, improving the company's ability to execute multi-stage exploration programs.
Focused Exploration Business ModelA clear strategic focus on gold project acquisition and development aligns the company with a well-understood, long-duration value-creation pathway in mining: discovery, resource definition, and project advancement. This concentration enables targeted technical spending and partnership or JV opportunities aligned with industry cycles.
Bears Say
Pre-revenue StatusThe company remains pre-commercial with no operating revenue, meaning its valuation and survival depend on exploration success or external financing. Without revenue, there's no internal cash generation to fund operations, making long-term sustainability contingent on capital markets and project outcomes.
Persistent Negative Cash FlowOngoing negative operating and free cash flow, including a ~1.67M TTM operating outflow, creates structural funding needs. Persistent cash burn increases the likelihood of recurring equity or debt raises, which can dilute shareholders, constrain strategic timing, and heighten execution risk for multi-stage exploration programs.
Historical Balance Sheet VolatilityThe prior period's negative equity and elevated debt point to material recapitalization or financing stress. Such historical instability signals a pattern of funding volatility that can recur, raising refinancing and dilution risk and potentially disrupting long-term project timelines and partner confidence.

Waraba Gold Limited News

WBGD FAQ

What was Waraba Gold Limited’s price range in the past 12 months?
Waraba Gold Limited lowest stock price was C$0.07 and its highest was C$0.76 in the past 12 months.
    What is Waraba Gold Limited’s market cap?
    Waraba Gold Limited’s market cap is C$5.52M.
      When is Waraba Gold Limited’s upcoming earnings report date?
      Waraba Gold Limited’s upcoming earnings report date is Jun 26, 2026 which is in 76 days.
        How were Waraba Gold Limited’s earnings last quarter?
        Waraba Gold Limited released its earnings results on Apr 01, 2026. The company reported -C$0.062 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.062.
          Is Waraba Gold Limited overvalued?
          According to Wall Street analysts Waraba Gold Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Waraba Gold Limited pay dividends?
            Waraba Gold Limited does not currently pay dividends.
            What is Waraba Gold Limited’s EPS estimate?
            Waraba Gold Limited’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Waraba Gold Limited have?
            Waraba Gold Limited has 9,355,808 shares outstanding.
              What happened to Waraba Gold Limited’s price movement after its last earnings report?
              Waraba Gold Limited reported an EPS of -C$0.062 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 8.696%.
                Which hedge fund is a major shareholder of Waraba Gold Limited?
                Currently, no hedge funds are holding shares in TSE:WBGD
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Waraba Gold Limited

                  Waraba Gold Limited acquires and evaluates gold properties in Mali, West Africa. Its flagship prospective gold exploration project is the Fokolore project located in West Mali. The company was formerly known as Zenith Exploration Inc. and changed its name to Waraba Gold Limited in October 2020. Waraba Gold Limited was incorporated in 2015 and is headquartered in Vancouver, Canada.

                  Waraba Gold Limited (WBGD) Earnings & Revenues

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