tiprankstipranks
Trending News
More News >
Wedgemount Resources (TSE:WDGY)
:WDGY
Canadian Market

Wedgemount Resources (WDGY) AI Stock Analysis

Compare
0 Followers

Top Page

TSE:WDGY

Wedgemount Resources

(WDGY)

Select Model
Select Model
Select Model
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
,
Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
C$0.04
▲(46.67% Upside)
Action:UpgradedDate:03/11/26
The score is held down primarily by severe financial stress (large losses, negative gross profit, negative cash flow, negative equity and higher debt). Technicals provide a partial offset due to positive momentum, but elevated RSI increases pullback risk, and valuation support is limited given the negative P/E and no dividend yield.
Positive Factors
Recent reported revenue growth
A positive revenue growth metric indicates the company has demonstrated top-line expansion in recent reporting, suggesting some commercial traction or successful project activity. Over the next 2-6 months, measurable revenue growth can support operating leverage, improve access to financing, and provide a baseline for stabilizing margins if sustained.
Sizable asset base
Holding roughly $8.0M of assets provides a tangible buffer and potential collateral for lenders or partners. Over a multi-month horizon this asset base can be used to secure financing, be monetized, or underpin joint-venture deals, giving the company structural flexibility to fund operations or strategic initiatives despite operating losses.
Precious metals industry exposure
Operating in the precious metals sector connects the company to enduring structural demand and periodic commodity upcycles. Over 2-6 months, favorable metals markets or investor interest in miners/explorers can materially improve funding access and project economics, supporting longer-term development and strategic partnerships.
Negative Factors
Negative shareholders' equity & rising debt
An equity deficit combined with meaningful debt growth materially limits financial flexibility and increases solvency risk. Persistently negative equity constrains borrowing capacity, raises refinancing and covenant risks, and narrows strategic options; these structural capital issues can impair operations and require dilutive or costly financing within months.
Consistently negative operating and free cash flow
Negative operating and free cash flow across periods shows the core business does not self-fund and is burning cash. This structural cash deficit necessitates ongoing external financing or asset sales, increasing dilution and execution risk and limiting the company's ability to invest in growth or stabilize operations over the medium term.
Deeply negative profitability
Extremely large losses and a deeply negative gross profit margin reflect a structurally unprofitable operating model. Unless costs are materially restructured or revenue quality improves, persistent negative margins will erode cash and require continual capital support, making durable profitability unlikely without major operational change.

Wedgemount Resources (WDGY) vs. iShares MSCI Canada ETF (EWC)

Wedgemount Resources Business Overview & Revenue Model

Company DescriptionWedgemount Resources Corp. engages in the acquisition, evaluation, and exploration of assets in Canada. It primarily explores for copper and gold deposits. The company holds interests in the Eagle property covering an area of 2,530 hectares located in northern British Columbia; Cookie property totaling an area of approximately 20,000 hectares located in the southern Toodoggone copper belt of north-central British Columbia; and Friendly Lake - Deer Lake copper-gold property consists of 70 mineral claims covering approximately 13,950 hectares located in the South-Central British Columbia. Wedgemount Resources Corp. was incorporated in 2020 and is headquartered in Garibaldi Highlands, Canada.
How the Company Makes Moneynull

Wedgemount Resources Financial Statement Overview

Summary
Very weak fundamentals: revenue declined in the TTM period, gross profit turned deeply negative, and losses are extremely large (net margin roughly -909%). Balance sheet risk is high with negative shareholders’ equity and materially higher debt, while operating and free cash flow remain consistently negative, implying ongoing funding needs.
Income Statement
12
Very Negative
Operating performance is very weak. Revenue in TTM (Trailing-Twelve-Months) declined about 11.6% versus the prior annual period, and profitability deteriorated sharply: gross profit turned deeply negative and the company is running very large losses (net margin roughly -909% in TTM). While revenue grew strongly in 2024 off a low base, the latest periods show worsening cost structure and materially higher losses, which significantly pressures the outlook.
Balance Sheet
18
Very Negative
Balance sheet risk is elevated due to negative shareholders’ equity in the latest two periods (TTM and 2025 annual), implying liabilities exceed the book value of assets and limiting financial flexibility. Total debt has also risen meaningfully (from ~0.77M in 2023 to ~4.41M in TTM), increasing leverage risk. A positive offset is that total assets remain sizable (~8.0M in TTM), but the equity deficit and rising debt are the dominant concerns.
Cash Flow
20
Very Negative
Cash generation is strained. Operating cash flow is negative across all shown periods, including TTM (Trailing-Twelve-Months), indicating the core business is not self-funding. Free cash flow is also consistently negative, and while the TTM free cash flow burn improved versus 2025 annual, it remains meaningfully outflowing, which can require continued financing and further pressure the balance sheet.
BreakdownOct 2025Oct 2024Oct 2023Oct 2022Oct 2021
Income Statement
Total Revenue1.22M1.08M292.18K0.000.00
Gross Profit-2.41M857.86K211.96K-431.03K-1.94K
EBITDA-10.66M-1.07M-1.19M-915.80K52.81K
Net Income-11.65M-1.55M-1.36M-2.41M-896.89K
Balance Sheet
Total Assets8.32M7.43M5.16M617.09K2.06M
Cash, Cash Equivalents and Short-Term Investments118.62K99.48K950.62K220.46K1.47M
Total Debt4.09M1.58M768.99K0.000.00
Total Liabilities16.81M5.64M2.17M82.03K325.45K
Stockholders Equity-8.48M1.80M3.00M535.06K1.73M
Cash Flow
Free Cash Flow-3.37M-876.69K-3.48M-1.25M-757.05K
Operating Cash Flow-1.30M-33.11K-595.04K-1.21M-624.57K
Investing Cash Flow-2.07M-910.94K-3.04M-35.00K-161.98K
Financing Cash Flow3.39M92.91K4.36M0.002.25M

Wedgemount Resources Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.03
Positive
100DMA
0.04
Positive
200DMA
0.05
Negative
Market Momentum
MACD
<0.01
Negative
RSI
54.13
Neutral
STOCH
40.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WDGY, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.13 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WDGY.

Wedgemount Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
51
Neutral
C$1.52M-6.36364.85%84.62%
48
Neutral
C$1.44M-13.23-80.57%4.17%
46
Neutral
C$3.01M-0.84250.30%41.72%-626.94%
44
Neutral
C$4.28M-3.03-15.89%-86.02%
44
Neutral
C$1.77M-2.68-6.29%59.79%
43
Neutral
C$1.39M2.3112.99%97.26%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:WDGY
Wedgemount Resources
0.05
-0.04
-43.75%
TSE:KGS
Kingman Minerals
0.10
-0.02
-20.00%
TSE:LTHM
Idaho Champion Gold Mines Canada Inc
0.01
0.00
0.00%
TSE:SAND
Silver Sands Resources
0.11
0.07
200.00%
TSE:NVR
North Valley Resources Ltd.
0.14
0.07
100.00%
TSE:GLDS
Golden Spike Resources Corp
0.03
-0.01
-25.00%

Wedgemount Resources Corporate Events

Business Operations and StrategyPrivate Placements and Financing
Wedgemount Settles Debenture Interest with Share Issuance
Neutral
Jan 12, 2026

Wedgemount Resources has closed an offer to settle a portion of outstanding interest owed on its 10% unsecured convertible debentures issued in 2024 by paying the August 25, 2025 interest obligation of $95,250 through the issuance of 1,907,000 common shares at a deemed price of $0.05 per share. Debenture holders representing $1,907,000 in principal have agreed to the share-based settlement, which remains subject to Canadian Securities Exchange approval, reflecting the company’s continued reliance on equity-based measures to manage its debt obligations and preserve cash as it advances its Texas oil and gas assets.

The most recent analyst rating on (TSE:WDGY) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Wedgemount Resources stock, see the TSE:WDGY Stock Forecast page.

Executive/Board Changes
Wedgemount Resources Announces Resignation of Independent Director
Neutral
Jan 12, 2026

Wedgemount Resources Corp., a junior oil and gas company focused on Texas projects, has announced the immediate resignation of independent director Simon Clarke from its board. The company expressed appreciation for Clarke’s contributions and indicated that the change represents a straightforward board-level transition, with no additional details provided on governance changes or strategic impact at this time.

The most recent analyst rating on (TSE:WDGY) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Wedgemount Resources stock, see the TSE:WDGY Stock Forecast page.

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: Mar 11, 2026