West Mining Corp. (WEST) AI Stock Analysis

• Market Cap: C$848.21K
• Dividend Yield: N/A
• Average Volume (3M): 90.53K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.48
• Revenue Growth: N/A
• EPS Growth: -94.95%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 24,234,630
• 10 Day Avg. Volume: 90,714
• 30 Day Avg. Volume: 90,527
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.76
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 34 Underperform
• Price Target: ―

West Mining Corp. has a weak financial position with no revenue and persistent losses, impacting its overall score. While the balance sheet strength and recent corporate events provide some positive aspects, the technical analysis and valuation are unfavorable. The company's strategic initiatives to improve its portfolio could eventually enhance its market standing, but significant challenges remain.

West Mining Corp. Business Overview & Revenue Model

Company Description

West Mining Corp., together with its subsidiaries, operates as a mineral exploration company in Canada. It explores primarily for gold. Its flagship project is the 100% owned 9000-hectare Kena gold-copper project, which consists of the Kena, Daylight, and Athabasca Properties in southeastern British Columbia. The company was formerly known as Ironwood Capital Corp. and changed its name to West Mining Corp. in November 2020. West Mining Corp. was incorporated in 2017 and is based in Vancouver, Canada.

How the Company Makes Money

West Mining Corp. generates revenue through the exploration and development of mineral resources, which involves several key revenue streams. The company makes money by selling extracted minerals, such as gold, silver, copper, and zinc, to metal refineries and other industrial clients. Revenue is also derived from joint ventures and partnerships with other mining companies that co-develop mining sites, sharing both the costs and profits. Additionally, WEST may enter into royalty agreements, where they receive a percentage of the revenues generated from mining operations conducted on their properties by other companies. The company's earnings are influenced by factors such as mineral market prices, extraction efficiency, and operational costs.

West Mining Corp. Financial Statement Overview

Summary

West Mining Corp. faces substantial financial challenges with persistent losses and zero revenue generation. While the balance sheet shows a strong equity base and low debt levels, negative cash flows highlight liquidity issues. The overall financial health is weak, requiring strategic improvements in revenue generation and operational efficiency.

Income Statement

West Mining Corp. shows persistent losses with zero revenue reported across all periods, indicating significant challenges in generating sales. The negative EBIT and net income underscore profitability issues. The company has not demonstrated any revenue growth, affecting its income statement score.

Balance Sheet

The balance sheet reflects a strong equity base with low debt levels, as evident from the low debt-to-equity ratio. However, the company's inability to generate revenue impacts its ROE, which remains negative due to continuous net losses. Despite this, a high equity ratio suggests financial stability.

Cash Flow

Negative operating and free cash flows indicate liquidity challenges and dependency on external financing. The absence of free cash flow growth further highlights cash management issues, though the company has historically raised funds through financing activities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-5.10M	-5.13M	-922.36K	-2.29M	-6.93M	-112.72K
Net Income	-5.11M	-5.14M	-1.13M	-3.06M	-6.72M	-112.72K
Balance Sheet
Total Assets	6.10M	6.30M	8.60M	9.47M	12.23M	472.60K
Cash, Cash Equivalents and Short-Term Investments	5.43K	52.38K	21.16K	713.75K	3.49M	196.32K
Total Debt	0.00	53.75K	51.28K	0.00	0.00	0.00
Total Liabilities	302.49K	241.24K	271.53K	21.25K	349.62K	17.66K
Stockholders Equity	5.79M	6.05M	8.33M	9.45M	11.88M	454.93K
Cash Flow
Free Cash Flow	-1.38M	-1.50M	-600.87K	-2.70M	-7.65M	-143.52K
Operating Cash Flow	-1.37M	-1.37M	-600.87K	-1.68M	-4.63M	-143.52K
Investing Cash Flow	104.59K	-127.53K	-129.01K	-1.07M	-3.02M	-250.00K
Financing Cash Flow	1.25M	1.54M	51.28K	0.00	10.89M	153.00K

West Mining Corp. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 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:WEST, the sentiment is Neutral. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above 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 56.90 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:WEST.

West Mining Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HVW	42 Neutral	C$4.54M	―	-33.31%	―	―	37.21%
UX	40 Underperform	C$1.30M	―	-595.42%	―	―	50.49%
SLZ	37 Underperform	$2.81M	―	-73.73%	―	―	39.34%
NSJ	35 Underperform	C$3.33M	―	-52.50%	―	―	12.12%
WEST	34 Underperform	C$848.21K	―	-61.17%	―	―	-94.95%
PLLR	29 Underperform	C$1.66M	―	-45.42%	―	―	93.29%

West Mining Corp. Corporate Events

West Mining Corp. Strengthens Portfolio with New Mineral Claims

West Mining Corp. has issued 1,125,000 common shares at a price of $0.05 per share under an option agreement with ESN Investment Corp. This agreement allows West to earn a 100% interest in two mineral claims in Northern British Columbia, enhancing its existing properties. The issuance fulfills West’s six-month option obligations and is subject to a four-month hold period. This move is expected to strengthen West’s mineral exploration portfolio and potentially enhance its market position in the mining industry.

West Mining Corp. Launches 2025 Exploration Program at Junker Property

West Mining Corp. has announced a new exploration program at their Junker Copper-Gold-Silver Property in north-central British Columbia. The 2025 summer field program aims to expand on promising targets identified from previous rock sampling in 2021, which yielded significant copper, gold, and silver values. The company has used advanced multispectral satellite data analysis to identify additional targets and plans to integrate these findings with existing geophysical data to prioritize field inspections. This initiative is expected to enhance West Mining’s resource potential and strengthen its position in the mining sector.