Gold79 Mines (TSE:WPG)
:WPG
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Positive Factors
High-Grade Gold Findings
The discovery of high-grade gold at the Tyro Main Zone indicates potential for resource expansion, which could enhance future growth opportunities and increase the company's asset value.
Negative Factors
Negative Cash Flow
Consistently negative cash flow indicates challenges in generating cash from operations, which could limit the company's ability to fund exploration activities and sustain operations long-term.
Read all positive and negative factors
Positive Factors
Negative Factors
High-Grade Gold Findings
The discovery of high-grade gold at the Tyro Main Zone indicates potential for resource expansion, which could enhance future growth opportunities and increase the company's asset value.
Read all positive factors
Gold79 Mines (WPG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$195.30M
Dividend YieldN/A
Average Volume (3M)307.76K
Price to Earnings (P/E)―
Beta (1Y)2.62
Revenue GrowthN/A
EPS Growth-474.03%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding134,688,020
10 Day Avg. Volume418,737
30 Day Avg. Volume307,757
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.75Price Target Upside108.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Gold79 Mines Business Overview & Revenue Model
Company Description
West Point Gold Corp., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company primarily explores for gold, silver, precious metals, an...
How the Company Makes Money
Gold79 Mines makes money through the exploration and development of its mineral properties, which involves discovering and delineating economically viable gold and silver deposits. The company generates revenue by either selling these developed pr...
Gold79 Mines Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 | Mar 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 | -381.83K | 0.00 | -809.00K | -923.00K | -814.00K | -284.00K |
| Net Income | -381.83K | -420.00K | -504.00K | -923.00K | -834.00K | -230.00K |
Balance Sheet | ||||||
| Total Assets | 5.46M | 5.07M | 5.00M | 4.91M | 2.58M | 234.87K |
| Cash, Cash Equivalents and Short-Term Investments | 124.87K | 90.19K | 431.96K | 1.01M | 173.75K | 47.17K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 276.87K | 195.83K | 85.46K | 246.98K | 136.00K | 389.42K |
| Stockholders Equity | 5.18M | 4.88M | 4.92M | 4.67M | 2.45M | -154.55K |
Cash Flow | ||||||
| Free Cash Flow | -464.38K | -270.23K | -1.54M | -1.20M | -887.27K | -186.93K |
| Operating Cash Flow | -321.65K | -270.23K | -621.76K | -888.78K | -708.00K | -125.43K |
| Investing Cash Flow | -171.71K | -398.94K | -641.76K | -952.19K | -510.54K | -34.95K |
| Financing Cash Flow | 627.47K | 329.90K | 683.51K | 2.66M | 1.32M | 189.89K |
Gold79 Mines Technical Analysis
Positive
1.32
Price Trends
1.45
Positive
1.24
Positive
0.84
Positive
Market Momentum
-0.04
Negative
51.34
Neutral
87.65
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WPG, the sentiment is Positive. The current price of 1.32 is below the 20-day moving average (MA) of 1.43, below the 50-day MA of 1.45, and above the 200-day MA of 0.84, indicating a bullish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 51.34 is Neutral, neither overbought nor oversold. The STOCH value of 87.65 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WPG.
Gold79 Mines Peers Comparison
UnderperformOutperform
Sector (61)
TSE:WPG
Gold79 Mines
1.45
1.08
286.67%
TSE:HHH
Altan Nevada Minerals
6.04
5.55
1132.65%
TSE:GLB
Goldbank Mining
0.34
0.14
70.00%
TSE:NEXM
Nexmetals Mining
3.59
-3.41
-48.71%
TSE:ADY
Adyton Resources Corporation
0.36
0.21
140.00%
TSE:PSIL
Pacifica Silver
1.24
0.54
77.14%
Gold79 Mines Corporate Events
Business Operations and Strategy
West Point Gold Grants 4.2 Million Stock Options to Management and Consultants
Positive
Dec 23, 2025
West Point Gold Corp. has granted a total of 4.2 million stock options to its officers, directors and consultants under its 2020 Stock Option Plan, with an exercise price of $1.18 per share and an expiry date of December 23, 2030. Of these, 3.8 mi...
Business Operations and Strategy
West Point Gold Expands High-Grade Zone at Northeast Tyro in Arizona
Positive
Dec 17, 2025
West Point Gold Corp announced positive drilling results from its ongoing 15,000-meter program at the Northeast Tyro zone within its Gold Chain project in Arizona. These results indicate expanded gold mineralization at greater depths and improved ...
Business Operations and StrategyPrivate Placements and Financing
West Point Gold Expands Drilling Program with Strong Financial Backing
Positive
Dec 16, 2025
West Point Gold Corp. has announced the successful exercise of 6,271,071 warrants, generating proceeds of C$3.0 million, which has bolstered its cash balance to C$7.2 million. This financial strength has enabled the company to expand its drilling ...
Business Operations and StrategyPrivate Placements and Financing
West Point Gold Expands Drill Program Following C$3 Million Warrant Proceeds
Positive
Dec 16, 2025
West Point Gold Corp. has announced the successful exercise of 6,271,071 warrants, generating proceeds of C$3.0 million, which has bolstered its cash balance to C$7.2 million. This financial strength has enabled the company to expand its ongoing d...
Business Operations and Strategy
West Point Gold Extends High-Grade Zone at Gold Chain Project
Positive
Nov 25, 2025
West Point Gold Corp. has announced significant results from its ongoing drilling campaign at the Gold Chain Project in Arizona. The initial two holes of the Tyro Northeast drilling campaign have extended the high-grade gold zone at depth, with on...
Business Operations and Strategy
West Point Gold Reveals Promising Drill Results at Gold Chain Project
Positive
Nov 12, 2025
West Point Gold Corp. has announced the results of its initial phase of a 10,000-meter drill program at the Gold Chain Project in Arizona, revealing significant gold mineralization across several drill holes. The results suggest a broader minerali...
Business Operations and StrategyExecutive/Board Changes
West Point Gold Corp. Announces Strategic Leadership Changes
Positive
Nov 10, 2025
West Point Gold Corp. has announced significant changes to its management team and Board of Directors, with Derek Macpherson stepping up as President and CEO, and Andrew Bowering joining as a Director. These changes are expected to strengthen the ...
Business Operations and Strategy
West Point Gold Reports Promising Drill Results at Gold Chain Project
Positive
Nov 5, 2025
West Point Gold Corp., a mining company, has announced additional drill results from its ongoing 10,000-meter drill program at the Gold Chain Project in Arizona. The latest results, particularly from holes GC25-77 and GC25-78, show promising gold ...
Business Operations and Strategy
West Point Gold Reports Promising Drill Results at Gold Chain Project
Positive
Oct 28, 2025
West Point Gold Corp., a mining company, has announced additional drill results from its Gold Chain Project in Arizona, highlighting significant gold mineralization. The latest results from the Tyro Main Zone show promising gold grades, with Hole ...
Business Operations and Strategy
West Point Gold Corp. Reports Promising Drill Results at Gold Chain Project
Positive
Oct 6, 2025
West Point Gold Corp., a mining company, has announced significant drill results from its ongoing 10,000-meter drill program at the Gold Chain Project in Arizona. The recent assay results from drill holes GC25-69 and GC25-68 have demonstrated impr...
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: ―