Western Uranium (WUC) AI Stock Analysis

• Market Cap: C$60.36M
• Dividend Yield: N/A
• Average Volume (3M): 256.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.03
• Revenue Growth: 102.01%
• EPS Growth: 14.99%
• Country: CA
• Employees: 32
• Sector: Energy
• Sector Strength: 52
• Industry: Uranium
• EPS (TTM): -0.03
• Shares Outstanding: 71,853,890
• 10 Day Avg. Volume: 203,300
• 30 Day Avg. Volume: 256,606
• PEG Ratio: -0.06
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 206.17
• P/FCF Ratio: -3.24
• 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
• EPS Forecast (FY): 0.25
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: C$0.49 ▼(-2.00% Downside)

The score is held down primarily by very weak profitability and significant negative operating/free cash flow, partially offset by a strong, debt-free balance sheet. Technicals are mixed (short-term improvement but longer-term downtrend), and valuation signals are limited due to ongoing losses and no dividend yield data.

Positive Factors

Debt-free balance sheet

A zero-debt capital structure materially reduces refinancing and interest-rate risk for a development-stage miner. This provides management runway to advance permitting and drilling, supports optionality for project financing or offtake deals, and cushions near-term operational setbacks.

Strong revenue growth

Annual revenue growth exceeding 100% signals meaningful top-line expansion from exploration or asset sales activity. For a resource developer, persistent revenue growth can validate project advancement, improve access to non-dilutive counterparties, and set the stage for future operating leverage if costs are controlled.

Strategic flagship asset

Owning and advancing the Sunday Mine Complex in a historic uranium-vanadium district provides a durable competitive asset base. Location in the Uravan Belt confers geological endowment, existing local infrastructure and regulatory familiarity that can shorten development timelines versus greenfield projects.

Negative Factors

Very weak profitability

Sustained negative margins and deep operating losses undermine the company’s ability to self-fund development. Continued unprofitability erodes shareholder equity, deters long-term commercial partners, and requires a clear path to margin improvement before the business can support sustained capital investment.

Material negative cash flow

Significant negative operating and free cash flow create a structural need for external capital or asset monetization. Reliance on financing increases dilution risk, can delay project schedules if funding gaps emerge, and limits the company’s ability to respond to unforeseen development or permitting costs.

Negative returns on equity

Consistently negative ROE despite a sizable equity base indicates the company is destroying shareholder value from operations. Over months this pressures the balance sheet, forces capital raises or asset sales, and weakens negotiating leverage with partners and financiers during project development.

Western Uranium Business Overview & Revenue Model

Company Description

Western Uranium & Vanadium Corp. engages in the acquisition and development of uranium and vanadium resource properties in the states of Utah and Colorado, the United States. The company holds interests in the San Rafael uranium project located in Emery County, Utah; the Sunday Mine Complex situated in western San Miguel County, Colorado; the Van 4 mine located in western Montrose County, Colorado; the Sage mine project situated in San Juan County, Utah, and San Miguel County, Colorado; and the Dunn Project located in San Juan County, Utah. It also has interests in the Hansen, North Hansen, High Park, and Hansen Picnic Tree projects located in Fremont and Teller Counties, Colorado; the Keota project situated in Weld County, Colorado; and Ferris Haggerty project located in Carbon County, Wyoming. The company was formerly known as Western Uranium Corporation and changed its name to Western Uranium & Vanadium Corp. in October 2018. Western Uranium & Vanadium Corp. is based in Toronto, Canada.

How the Company Makes Money

Western Uranium & Vanadium Corp. generates revenue primarily through the sale of uranium and vanadium extracted from its mining operations. The company's key revenue streams include contracts with nuclear energy producers and industrial clients who require vanadium for steel manufacturing and other applications. The company aims to maximize its profitability by optimizing mining efficiencies and leveraging favorable market conditions for uranium and vanadium prices. Additionally, strategic partnerships and joint ventures with other mining entities or energy companies can enhance its operational capabilities and market reach. Fluctuations in global commodity prices, regulatory changes, and demand for clean energy are significant factors that influence the company's earnings.

Western Uranium Financial Statement Overview

Summary

Western Uranium faces significant financial challenges, characterized by declining revenues and persistent losses. The income statement shows negative margins, while the balance sheet remains strong with no debt and substantial equity. However, cash flow issues highlight difficulties in sustaining operations without external financing.

Income Statement

Western Uranium's income statement reflects significant challenges with a declining revenue trend, notably from $7.86 million in 2022 to $0.18 million in the TTM period. The gross profit margin is negative due to high costs exceeding revenues, and net profit margins are deeply negative, indicating consistent losses. EBIT and EBITDA margins further highlight operational inefficiencies, contributing to a poor income statement performance.

Balance Sheet

The balance sheet shows a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. The equity ratio is robust, reflecting financial stability. However, return on equity is negative due to consistent losses, which detracts from its overall strength. The company's asset base remains relatively stable, providing a solid foundation for future growth if profitability improves.

Cash Flow

The cash flow statement indicates challenges with negative free cash flow growth and an unfavorable operating cash flow to net income ratio. Despite raising cash through financing activities, operating cash flows are negative, suggesting issues in generating sufficient cash from core operations. The free cash flow to net income ratio is also negative, underlining difficulties in achieving positive cash flow despite revenue generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	436.89K	183.80K	431.06K	7.86M	272.14K	54.62K
Gross Profit	-3.01M	-5.10M	-2.52M	3.81M	-445.51K	-338.56K
EBITDA	-7.78M	-9.72M	-4.83M	-752.30K	-1.99M	-2.37M
Net Income	-8.50M	-10.11M	-4.94M	-713.77K	-2.07M	-2.39M
Balance Sheet
Total Assets	32.00M	33.92M	34.90M	33.20M	27.40M	22.85M
Cash, Cash Equivalents and Short-Term Investments	3.19M	5.48M	9.22M	9.68M	882.94K	567.65K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	4.11M	4.10M	4.13M	3.94M	4.30M	4.07M
Stockholders Equity	27.89M	29.82M	30.77M	29.26M	23.10M	18.77M
Cash Flow
Free Cash Flow	-9.93M	-11.69M	-6.49M	3.50M	-6.22M	-1.51M
Operating Cash Flow	-7.32M	-8.30M	-4.09M	4.55M	-6.15M	-1.51M
Investing Cash Flow	-2.59M	-3.39M	-2.40M	-1.05M	-65.00K	0.00
Financing Cash Flow	6.88M	8.15M	5.84M	5.63M	6.31M	73.12K

Western Uranium Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WUC, the sentiment is Positive. The current price of 0.5 is below the 20-day moving average (MA) of 0.58, below the 50-day MA of 0.60, and below the 200-day MA of 0.83, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 64.97 is Neutral, neither overbought nor oversold. The STOCH value of 92.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WUC.

Western Uranium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCO	71 Outperform	C$66.32B	125.07	7.97%	0.19%	23.88%	350.69%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
NXE	55 Neutral	C$10.08B	-26.64	-30.71%	―	―	-308.46%
DML	53 Neutral	$4.20B	-21.37	-38.86%	―	―	―
MGA	53 Neutral	C$226.93M	-46.88	-1.98%	―	―	22.89%
WUC	48 Neutral	C$60.36M	-3.85	-30.72%	―	102.01%	14.99%
EU	46 Neutral	C$769.60M	-10.12	-19.80%	―	2.06%	13.58%

Western Uranium Corporate Events

Western Uranium & Vanadium Launches Share Buyback to Boost Shareholder Value

Western Uranium & Vanadium Corp. has announced a normal course issuer bid (NCIB) to repurchase up to 10% of its public float, amounting to approximately 6.67 million shares, over a 12-month period. The decision, supported by the Board of Directors, highlights the undervaluation of the company’s shares and aims to enhance long-term shareholder value. The repurchased shares will be cancelled, and the initiative will be funded through cash on hand. This strategic move reflects the company’s confidence in its business prospects and commitment to optimizing shareholder returns.

Western Uranium & Vanadium Corp. Expands U.S. Uranium Assets with New Acquisition

Western Uranium & Vanadium Corp. has successfully closed the acquisition of unpatented mineral lode claims, enhancing its portfolio of uranium and vanadium assets in the western U.S. This acquisition, which includes a 50% ownership interest in a drilled-out deposit, strengthens the company’s production pipeline and supports its role in the resurgence of domestic U.S. uranium supply. The newly acquired claims, part of the Uranium Ridge Project, are strategically located near the proposed Mustang Mineral Processing Plant site, promising reduced haulage costs and increased processing efficiencies. This move is expected to create significant shareholder value and position the company to meet rising nuclear fuel demand.