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Westmount Minerals Corp. (TSE:WMC)
:WMC
Canadian Market

Westmount Minerals Corp. (WMC) AI Stock Analysis

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TSE:WMC

Westmount Minerals Corp.

(WMC)

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Underperform 35 (OpenAI - 4o)
Rating:35Underperform
Price Target:
Westmount Minerals Corp. struggles with severe financial issues, including no revenue and negative equity, which dominate its overall performance. While recent fundraising efforts and some technical strength offer slight positives, the company's financial instability significantly weighs down its attractiveness.
Positive Factors
Cash Flow Improvement
The improvement in cash flow indicates better operational efficiency and potential for future financial stability, which is crucial for sustaining exploration activities.
Successful Fundraising
The successful fundraising provides essential working capital, enhancing the company's ability to manage operations and pursue strategic initiatives in the near term.
Board Changes
The new board appointment may bring fresh perspectives and strategic direction, potentially improving governance and decision-making in the company's exploration projects.
Negative Factors
Negative Equity
Negative equity indicates financial instability, posing risks to long-term viability and limiting the company's ability to secure additional financing or investments.
Lack of Revenue
The absence of revenue highlights challenges in monetizing exploration activities, which could hinder sustainable growth and profitability in the long term.
Financial Challenges
Ongoing financial challenges, including negative cash flows and no revenue, threaten the company's ability to fund operations and achieve strategic goals, impacting its long-term prospects.

Westmount Minerals Corp. (WMC) vs. iShares MSCI Canada ETF (EWC)

Westmount Minerals Corp. Business Overview & Revenue Model

Company DescriptionWestmount Minerals Corp. (WMC) is a company engaged in the exploration and development of mineral properties. The company primarily focuses on identifying and developing precious and base metal deposits, catering to the growing demand for these resources in various industrial applications. By leveraging advanced exploration techniques and strategic acquisitions, Westmount Minerals aims to maximize the potential of its mineral assets and contribute to the mining sector.
How the Company Makes MoneyWestmount Minerals Corp. generates revenue through the exploration and development of mineral properties. The company primarily makes money by discovering valuable mineral deposits and selling the rights or extracted minerals to larger mining companies or through direct sales in the commodities market. Revenue streams may also include joint ventures or partnerships with other mining firms, where Westmount Minerals shares exploration and development costs and profits. Additionally, the company might engage in strategic acquisitions or sales of mineral properties to optimize its portfolio and enhance profitability.

Westmount Minerals Corp. Financial Statement Overview

Summary
Westmount Minerals Corp. faces significant financial challenges with no revenue, negative equity, and historically negative cash flows, though recent cash flow improvement slightly mitigates concerns.
Income Statement
15
Very Negative
Westmount Minerals Corp. has consistently generated no revenue over the assessed periods, leading to negative EBIT and Net Income, indicating a lack of profitability and reliance on other means of financing for operations.
Balance Sheet
10
Very Negative
The company's balance sheet reveals negative stockholders' equity, signifying more liabilities than assets, which raises concerns about financial stability. The absence of debt is positive, but the negative equity implies significant financial risk.
Cash Flow
20
Very Negative
The cash flow analysis shows negative free cash flow in multiple periods, though the most recent TTM period reports a positive free cash flow, indicating slight improvement. However, the positive operating cash flow is minimal compared to historical negative cash flows.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.000.000.000.000.00
EBITDA0.000.00-541.05K-499.16K0.00
Net Income-183.15K-427.05K-438.67K-442.02K-21.70K
Balance Sheet
Total Assets255.89K16.75K51.02K460.73K266.33K
Cash, Cash Equivalents and Short-Term Investments250.02K1.06K1.12K436.79K223.75K
Total Debt0.000.000.000.000.00
Total Liabilities413.23K234.14K105.40K136.03K98.35K
Stockholders Equity-157.34K-217.39K-54.38K324.69K167.98K
Cash Flow
Free Cash Flow-236.10K-435.67K-299.52K-65.25K
Operating Cash Flow-236.10K-435.67K-299.52K-65.25K
Investing Cash Flow0.000.000.000.000.00
Financing Cash Flow236.05K0.00512.56K289.00K

Westmount Minerals Corp. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.04
Positive
200DMA
0.04
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
49.57
Neutral
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WMC, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.57 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WMC.

Westmount Minerals Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
39
Underperform
C$843.12K3.47
36
Underperform
C$745.81K-1.4392.44%
35
Underperform
25
Underperform
C$704.39K-4.3344.88%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:WMC
Westmount Minerals Corp.
0.04
0.03
300.00%
TSE:NEWD
Newfoundland Discovery Corp
0.15
0.08
114.29%
TSE:NXS
Nexus Gold
0.24
-0.01
-4.00%
TSE:METL
Metalite Resources
0.20
<0.01
0.50%
TSE:GRAY
Graycliff Exploration
0.14
0.08
133.33%
TSE:ACM
DeepRock Minerals
0.63
0.43
215.00%

Westmount Minerals Corp. Corporate Events

Private Placements and Financing
Westmount Minerals Completes C$250,000 Private Placement
Positive
Mar 31, 2025

Westmount Minerals Corp. has successfully closed a non-brokered private placement financing, issuing 25 million common shares at C$0.01 each, raising C$250,000 in gross proceeds. The funds will be used for general working capital and corporate expenses, potentially strengthening the company’s operational capabilities and market position.

Executive/Board ChangesBusiness Operations and Strategy
Westmount Minerals Appoints New Director Amid Board Changes
Neutral
Mar 28, 2025

Westmount Minerals Corp. has announced the appointment of Mr. John Alcock to its board of directors, replacing Mr. Brian Crawford who has resigned. This change in the board of directors could influence the company’s strategic direction as it continues to focus on its gold exploration projects in Canada.

Private Placements and Financing
Westmount Minerals Announces Private Placement Amid Financial Challenges
Negative
Feb 7, 2025

Westmount Minerals Corp. has announced a non-brokered private placement of up to 25 million common shares at C$0.01 per share, aiming to raise up to C$250,000. The proceeds will be used for general working capital and corporate expenses. The offering will proceed without shareholder approval, as the company is utilizing a financial hardship exemption due to being in serious financial difficulty, and the independent directors have deemed it in the company’s best interests.

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: Apr 24, 2025