Strong Financial BackingThe successful fundraising and investment by Crescat Capital highlight strong financial backing, enhancing Westward Gold's ability to pursue exploration projects and potentially transition to production.

Strategic PartnershipsThe strategic partnership with Crescat Capital not only provides financial support but also validates Westward Gold's exploration potential, potentially leading to more partnerships and growth opportunities.

Debt-Free Balance SheetA debt-free balance sheet reduces financial risk and provides flexibility in funding exploration activities, allowing Westward Gold to focus on long-term growth without the burden of debt repayments.

Bears Say

Lack Of RevenueThe absence of revenue reflects the company's early-stage status, relying on external financing. This poses a risk if funding conditions change, potentially impacting its ability to sustain operations.

Negative Cash FlowContinuous negative cash flow indicates reliance on external funding. Sustaining operations without revenue generation could strain financial resources if fundraising becomes challenging.

Reliance On External FinancingDependence on external financing for operations highlights vulnerability to market conditions. A shift in investor sentiment or economic downturn could limit access to necessary funds for exploration.

Westward Gold Inc News

Westward Gold Unveils New Carlin-Type Gold Zone at Toiyabe Hills

Westward Gold Inc ( ($TSE:WG) ) just unveiled an announcement. Westward Gold Inc. has announced significant findings from...

4M ago

Westward Gold Secures $5M Financing to Boost Nevada Drilling

Westward Gold Inc ( ($TSE:WG) ) has provided an announcement. Westward Gold Inc. has announced a $5 million...

5M ago

Westward Gold Exceeds Drilling Goals at Toiyabe Hills

The latest update is out from Westward Gold Inc ( ($TSE:WG) ). Westward Gold Inc. has announced an...

5M ago

Westward Gold Advances Drilling at Toiyabe Hills, Confirms Promising Gold Indicators

Westward Gold Inc ( ($TSE:WG) ) has provided an announcement. Westward Gold Inc. announced an update on its...

7M ago

Westward Gold Launches Strategic Drilling at Campfire Target

Westward Gold Inc ( ($TSE:WG) ) has provided an update. Westward Gold Inc. has commenced a 5,000-metre reverse-circulation...

8M ago

Westward Gold Initiates Drilling at Toiyabe Hills

Westward Gold Inc ( ($TSE:WG) ) has issued an update. Westward Gold Inc. has commenced pre-drilling activities at...

9M ago

Westward Gold Appoints Dr. Quinton Hennigh as New Chairman

The latest announcement is out from Westward Gold Inc ( ($TSE:WG) ). Westward Gold Inc. has appointed Dr....

10M ago

Westward Gold Secures C$4 Million in Oversubscribed Financing; Crescat Capital Invests

An announcement from Westward Gold Inc ( ($TSE:WG) ) is now available. Westward Gold Inc. has successfully closed...

11M ago

Westward Gold Secures Increased Investment from Crescat Capital

An update from Westward Gold Inc ( ($TSE:WG) ) is now available. Westward Gold Inc. announced that Crescat...

11M ago

Westward Gold Upsizes Private Placement to C$3.6M Amid High Demand

Westward Gold Inc ( ($TSE:WG) ) has shared an update. Westward Gold Inc. has announced an increase in...

11M ago

WG FAQ

What was Westward Gold Inc’s price range in the past 12 months?

Westward Gold Inc lowest stock price was C$0.08 and its highest was C$0.17 in the past 12 months.

What is Westward Gold Inc’s market cap?

Westward Gold Inc’s market cap is C$27.61M.

When is Westward Gold Inc’s upcoming earnings report date?

Westward Gold Inc’s upcoming earnings report date is Mar 02, 2026 which is in 7 days.

How were Westward Gold Inc’s earnings last quarter?

Westward Gold Inc released its earnings results on Dec 01, 2025. The company reported -C$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.002.

Is Westward Gold Inc overvalued?

According to Wall Street analysts Westward Gold Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Westward Gold Inc pay dividends?

Westward Gold Inc does not currently pay dividends.

What is Westward Gold Inc’s EPS estimate?

Westward Gold Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Westward Gold Inc have?

Westward Gold Inc has 230,108,080 shares outstanding.

What happened to Westward Gold Inc’s price movement after its last earnings report?

Westward Gold Inc reported an EPS of -C$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Westward Gold Inc?

Currently, no hedge funds are holding shares in TSE:WG

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

Westward Gold Inc

Westward Gold Inc. operates as a mineral exploration company. The company engages in the exploration and development of mineral resource properties in the United States. It focuses on the exploration of the Toiyabe Property, the Turquoise Canyon Property, and the East Saddle Property in Lander County, Nevada. The company was formerly known as IM Exploration Inc. and changed its name to Westward Gold Inc. in October 2021. Westward Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.