Wedgemount Resources (TSE:WDGY)
:WDGY
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Wedgemount Resources
(WDGY)
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Rating:48Neutral
Price Target:
C$0.10
▲(230.00% Upside)
Action:ReiteratedDate:04/11/26
The score is held down primarily by weak financial performance, including worsening losses, negative equity, and ongoing cash burn that implies financing risk. Technical indicators are comparatively supportive with strong momentum and price above major moving averages, but elevated RSI/Stoch suggest the move may be becoming stretched. Valuation is not supportive due to losses (negative P/E) and no dividend yield provided.
Positive Factors
Improving cash burn
The company reduced its cash outflow materially year-over-year, with free cash flow improving from ~-3.37M to ~-1.86M TTM. A sustained reduction in burn indicates better spending discipline or operational relief, which lengthens runway and lowers structural financing risk if trend persists.
Negative Factors
Negative shareholders' equity
Negative shareholders' equity is a structural weakness reducing financial flexibility and increasing default or dilution risk. It impairs the company's capacity to absorb further losses, limits access to unsecured capital, and makes long-term financing terms more onerous absent a credible recapitalization.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash burn
The company reduced its cash outflow materially year-over-year, with free cash flow improving from ~-3.37M to ~-1.86M TTM. A sustained reduction in burn indicates better spending discipline or operational relief, which lengthens runway and lowers structural financing risk if trend persists.
Read all positive factors
Wedgemount Resources (WDGY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.90M
Dividend YieldN/A
Average Volume (3M)11.63K
Price to Earnings (P/E)―
Beta (1Y)-1.08
Revenue Growth41.72%
EPS Growth-626.94%
CountryCA
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding68,702,576
10 Day Avg. Volume5,000
30 Day Avg. Volume11,633
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.35
Price to Sales (P/S)2.46
P/FCF Ratio-0.89
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)N/A
Revenue Forecast (FY)N/A
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 locate...
How the Company Makes Money
null...
Wedgemount Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
24
Negative
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.08M | 1.22M | 1.08M | 292.18K | 0.00 | 0.00 |
| Gross Profit | -2.62M | -2.41M | 857.86K | 211.96K | -431.03K | -1.94K |
| EBITDA | -11.01M | -10.66M | -1.07M | -1.19M | -915.80K | 52.81K |
| Net Income | -12.34M | -11.65M | -1.55M | -1.36M | -2.41M | -896.89K |
Balance Sheet | ||||||
| Total Assets | 7.46M | 8.32M | 7.43M | 5.16M | 617.09K | 2.06M |
| Cash, Cash Equivalents and Short-Term Investments | 39.55K | 118.62K | 99.48K | 950.62K | 220.46K | 1.47M |
| Total Debt | 4.61M | 4.09M | 1.58M | 768.99K | 0.00 | 0.00 |
| Total Liabilities | 18.11M | 16.81M | 5.64M | 2.17M | 82.03K | 325.45K |
| Stockholders Equity | -10.65M | -8.48M | 1.80M | 3.00M | 535.06K | 1.73M |
Cash Flow | ||||||
| Free Cash Flow | -1.86M | -3.37M | -876.69K | -3.48M | -1.25M | -757.05K |
| Operating Cash Flow | -894.82K | -1.30M | -33.11K | -595.04K | -1.21M | -624.57K |
| Investing Cash Flow | -969.97K | -2.07M | -910.94K | -3.04M | -35.00K | -161.98K |
| Financing Cash Flow | 1.59M | 3.39M | 92.91K | 4.36M | 0.00 | 2.25M |
Wedgemount Resources Technical Analysis
Positive
0.03
Price Trends
0.04
Positive
0.04
Positive
0.05
Positive
Market Momentum
0.01
Negative
69.81
Neutral
72.22
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 0.06, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 69.81 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | C$2.06M | -13.23 | -80.57% | ― | ― | 4.17% | |
51 Neutral | C$1.37M | -6.36 | 364.85% | ― | ― | 84.62% | |
48 Neutral | C$7.90M | -0.38 | 250.30% | ― | 41.72% | -626.94% | |
48 Neutral | C$5.35M | -3.03 | -15.89% | ― | ― | -86.02% | |
43 Neutral | C$2.79M | 2.31 | 12.99% | ― | ― | 97.26% | |
43 Neutral | C$1.77M | -2.68 | -6.29% | ― | ― | 59.79% |
* Energy Sector Average
TSE:WDGY
Wedgemount Resources
0.12
0.06
91.67%
TSE:KGS
Kingman Minerals
0.13
0.02
25.00%
TSE:LTHM
Idaho Champion Gold Mines Canada Inc
0.01
0.00
0.00%
TSE:SAND
Silver Sands Resources
0.10
0.06
171.43%
TSE:NVR
North Valley Resources Ltd.
0.20
0.13
185.71%
TSE:GLDS
Golden Spike Resources Corp
0.03
<0.01
20.00%
Wedgemount Resources Corporate Events
Business Operations and Strategy
Wedgemount Resources Hires Machai Capital and Issues Stock Options to Boost Market Profile
Positive
Apr 10, 2026
Wedgemount Resources has hired Machai Capital Inc. for a three-month digital marketing and investor awareness campaign, covering multi-platform advertising, social media and targeted investor communications in line with Canadian Securities Exchang...
Business Operations and Strategy
Wedgemount Resources Hires Machai for Digital Investor Outreach, Issues New Stock Options
Positive
Apr 8, 2026
Wedgemount Resources has retained Machai Capital Inc. for a three-month engagement to lead its marketing, advertising and public awareness efforts, including multi-platform digital campaigns, social media amplification and targeted investor commun...
Private Placements and FinancingRegulatory Filings and Compliance
Wedgemount CEO Mark Vanry Lifts Stake, Triggers Early Warning Disclosure
Positive
Apr 7, 2026
Wedgemount Resources Corp. disclosed that its president and CEO, Mark Vanry, has increased his stake in the company through the acquisition of 2,190,000 common shares and the grant of 500,000 restricted share units. Following these transactions, V...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Wedgemount Resources Closes $1.25 Million Financing and Grants RSUs Following Director’s Passing
Neutral
Apr 7, 2026
Wedgemount Resources Corp. announced the death of independent non-executive director Cody I. Campbell, who had served on the board since the company’s founding in 2020 and was recognized for his experience with junior natural resource compan...
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 com...
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 an...
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.