Western Uranium (WUC) AI Stock Analysis

• Market Cap: C$58.20M
• Dividend Yield: N/A
• Average Volume (3M): 256.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.07
• 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: 51 Neutral
• Price Target: C$0.89 ▲(78.80% Upside)

The score is held back primarily by heavy losses and negative free cash flow, despite the benefit of a debt-free balance sheet. Technically, momentum is strong with the price above major moving averages, but extreme overbought readings increase pullback risk. Valuation is constrained by ongoing losses and the absence of a dividend.

Positive Factors

Debt-free balance sheet

A zero-debt capital structure materially reduces financial risk and interest burden over the medium term, preserving flexibility to fund permitting, technical studies or phased development from equity or project financing and protecting the company during commodity cycles.

Significant revenue growth

Greater than 100% trailing growth reflects tangible progress commercializing assets or advancing operations; sustained top-line expansion can support scaling of fixed-cost recovery, improve future margins and reduce reliance on external funding if growth continues.

Strategic flagship asset

Ownership of the Sunday Mine Complex and multiple western U.S. uranium/vanadium assets gives the company a clear development pipeline and potential near‑term production optionality; tangible mineral assets underpin long-term value if permitting and technical work proceed.

Negative Factors

Persistent negative profitability

Deep, persistent losses limit internal funding for exploration and development, erode equity value over time, and force management to rely on dilutive capital raises or asset sales; reversing losses is necessary for durable financial sustainability.

Material cash burn

Sustained negative operating and free cash flow increases dependence on external financing and heightens execution risk for multi‑period development plans; inadequate internal cash conversion can delay permits, drilling programs and path to production.

Deteriorating margins vs prior period

A material margin deterioration versus 2022 indicates either structural cost pressures or non-recurring hits that have not been cured; without cost control or higher realized prices, margin compression undermines long-term project economics and return potential.

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

Financials are dominated by very weak profitability and cash burn (deeply negative margins, negative EBIT/EBITDA and net income, and materially negative operating/free cash flow). The main offsetting strength is a debt-free balance sheet with sizable equity, which moderates near-term financial risk but does not solve the underlying earnings and cash flow weakness.

Income Statement

TTM (Trailing-Twelve-Months) results show very weak profitability: revenue is small while gross profit, EBIT/EBITDA, and net income are deeply negative, with highly negative margins. While revenue growth is strong in TTM, the business has not converted that growth into improved earnings power. Profitability has also deteriorated materially versus 2022 (when gross margin was positive), indicating elevated cost structure and/or non-recurring headwinds.

Balance Sheet

The balance sheet is a clear relative strength: total debt is reported at zero across periods and equity remains sizable versus total assets, limiting financial risk from leverage. The key weakness is persistent losses, reflected in consistently negative returns on equity, which can pressure equity value over time if not reversed.

Cash Flow

Cash generation is weak: TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both materially negative, and free cash flow also declined versus the prior annual period. While free cash flow is less negative than net income (suggesting meaningful non-cash charges), the company is still funding ongoing cash burn, increasing reliance on external financing or asset monetization if conditions don’t improve.

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WUC, the sentiment is Negative. The current price of 0.5 is below the 20-day moving average (MA) of 0.89, below the 50-day MA of 0.70, and below the 200-day MA of 0.82, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 48.49 is Neutral, neither overbought nor oversold. The STOCH value of 15.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WUC.

Western Uranium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCO	68 Neutral	C$68.28B	129.79	7.96%	0.19%	23.88%	350.69%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
NXE	62 Neutral	C$10.39B	-26.02	-30.71%	―	―	-308.46%
MGA	55 Neutral	C$239.05M	-42.97	-1.98%	―	―	22.89%
EU	53 Neutral	C$724.66M	-8.94	-19.80%	―	2.06%	13.58%
WUC	51 Neutral	C$58.20M	-3.60	-30.72%	―	102.01%	14.99%
DML	49 Neutral	$4.51B	-21.73	-38.86%	―	―	―

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.