Wedgemount Resources (WDGY) AI Stock Analysis

• Market Cap: C$3.88M
• Dividend Yield: N/A
• Average Volume (3M): 7.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: 74.50%
• EPS Growth: -344.44%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 43
• Industry: Other Precious Metals
• EPS (TTM): -0.02
• Shares Outstanding: 64,645,580
• 10 Day Avg. Volume: 18,491
• 30 Day Avg. Volume: 7,697
• PEG Ratio: 0.15
• Price to Book (P/B): 3.63
• Price to Sales (P/S): 6.02
• P/FCF Ratio: -7.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Wedgemount Resources' overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. While recent corporate events show positive strategic efforts to improve liquidity and governance, these are overshadowed by the company's significant financial challenges and negative valuation metrics.

Wedgemount Resources Business Overview & Revenue Model

Company Description

Wedgemount 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 Money

Wedgemount Resources generates revenue primarily through the exploration and eventual development of its mineral properties. The company may earn money by selling mineral rights, entering into joint venture agreements, or through the sale of extracted minerals once it establishes a viable mining operation. Key revenue streams include revenue from mineral exploration activities, potential partnerships with larger mining companies for resource development, and any royalties or profit-sharing agreements that may arise from successful mining operations. Additionally, strategic partnerships with industry players and access to funding for exploration projects can enhance the company's financial stability and growth potential.

Wedgemount Resources Financial Statement Overview

Summary

Wedgemount Resources faces significant financial challenges. Despite some revenue growth, the company struggles with profitability and cash flow generation. High financial leverage and low equity indicate potential risks, requiring improvements in operational efficiency and financial management.

Income Statement

The company's income statement shows moderate revenue growth from previous periods, with a significant increase in the TTM. However, profitability metrics are concerning, as the Net Income and EBIT are negative, indicating operational challenges. Margins are deeply negative, with the Net Profit Margin and EBIT Margin reflecting losses, which is a major weakness.

Balance Sheet

The balance sheet reveals a concerning financial structure with high leverage. The Debt-to-Equity ratio is extremely high, indicating potential financial instability. The Equity Ratio is very low, suggesting excessive liabilities compared to assets. The declining stockholders' equity further highlights financial risk, despite some growth in total assets.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, suggesting a struggle to generate cash from operations. The Operating Cash Flow to Net Income and Free Cash Flow to Net Income ratios are unfavorable, reflecting cash flow management issues. Although there has been some financing cash inflow, it hasn't translated into positive free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.59M	1.08M	292.18K	0.00	0.00	0.00
Gross Profit	1.29M	857.86K	211.96K	-431.03K	-1.94K	0.00
EBITDA	-2.69M	-1.07M	-1.19M	-915.80K	52.81K	-17.58K
Net Income	-3.56M	-1.55M	-1.36M	-2.41M	-896.89K	-17.58K
Balance Sheet
Total Assets	13.92M	7.43M	5.16M	617.09K	2.06M	218.62K
Cash, Cash Equivalents and Short-Term Investments	108.41K	99.48K	950.62K	220.46K	1.47M	125.56K
Total Debt	3.95M	1.58M	768.99K	0.00	0.00	0.00
Total Liabilities	14.50M	5.64M	2.17M	82.03K	325.45K	17.70K
Stockholders Equity	-586.72K	1.80M	3.00M	535.06K	1.73M	200.92K
Cash Flow
Free Cash Flow	-2.67M	-876.69K	-3.48M	-1.25M	-757.05K	-89.94K
Operating Cash Flow	-1.70M	-33.11K	-595.04K	-1.21M	-624.57K	-74.94K
Investing Cash Flow	-1.04M	-910.94K	-3.04M	-35.00K	-161.98K	-15.00K
Financing Cash Flow	2.67M	92.91K	4.36M	0.00	2.25M	215.50K

Wedgemount Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WDGY, the sentiment is Neutral. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.34 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:WDGY.

Wedgemount Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	C$4.17B	2.02	16.25%	5.62%	10.63%	-50.60%
NAR	48 Neutral	C$5.57M	15.00	-1.02%	―	―	―
MTX	46 Neutral	C$5.53M	12.50	7.51%	―	―	―
WDGY	44 Neutral	C$3.88M	―	-391.99%	―	74.50%	-344.44%
LECRF	―	$5.15M	5.44	-31.89%	―	―	―
GIDMF	―	$2.81M	―	-18.41%	―	―	―
CAM	―	C$10.66M	―	-265.29%	―	―	―

Wedgemount Resources Corporate Events

Wedgemount Resources Sells Royalty Interest to Boost Liquidity

Wedgemount Resources Corp. has entered into an agreement to sell up to a five percent Overriding Royalty Interest in its west central Texas oil and gas assets to a third-party for up to USD$800,000. The initial sale involves a one percent interest for USD$160,000, with an option to sell an additional four percent. The proceeds will be used to upgrade field facilities and optimize producing wells, enhancing the company’s liquidity and enabling further investment in existing assets.

Wedgemount Resources Completes Second Tranche of Private Placement

Wedgemount Resources Corp. has successfully closed the second tranche of its non-brokered private placement, raising $250,011 by issuing over 3.8 million units. The total offering has now reached $790,247, with the proceeds intended for general working capital purposes, reflecting the company’s strategic efforts to bolster its financial standing and operational capabilities.

Wedgemount Resources Announces Second Tranche of Private Placement

Wedgemount Resources Corp. announced its intention to complete a second tranche of a non-brokered private placement, aiming to raise up to CAD$260,000 by offering 4,000,000 units at CAD$0.065 per unit. The proceeds from this offering will be used for general working capital purposes, potentially impacting the company’s operational flexibility and financial positioning in the natural resources sector.

Wedgemount Resources Closes CAD$540,235 Private Placement

Wedgemount Resources Corp. has successfully closed a non-brokered private placement, raising CAD$540,235 through the issuance of 8,311,317 units at CAD$0.065 per unit. The funds are intended for general working capital purposes, and the securities issued are subject to a hold period until May 27, 2025. This move is part of the company’s strategy to strengthen its financial position and support its ongoing operations in the oil and gas sector.

Wedgemount Resources Strengthens Board with Simon Clarke Appointment

Wedgemount Resources has appointed Simon Clarke to its Board of Directors, bringing his extensive experience in energy, mining, and energy technology sectors. Clarke’s track record includes significant roles in Osum Oil Sands Corp. and American Lithium Corp., where he contributed to substantial growth and market positioning. His expertise is expected to be invaluable as Wedgemount embarks on its growth journey in the oil and gas industry.