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Alaska Silver Corp
(WAM)
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Rating:43Neutral
Price Target:
C$0.46
▼(-36.39% Downside)
Action:Reiterated
Date:10/08/26
The score is primarily driven by very weak financial performance (no revenue, sizable and persistent losses, and significant ongoing cash burn with a shrinking equity base). Technicals are also bearish with the price below major moving averages and a negative MACD, though oversold indicators modestly temper the downside. Valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
Moderate Debt
Debt remains modest in absolute terms and leverage has improved from 2025, reducing immediate interest and refinancing pressure. This gives Alaska Silver some financial flexibility while it advances exploration, although the benefit is constrained by its ongoing losses and limited equity cushion.
Negative Factors
No Revenue Base
With no operating revenue, Alaska Silver lacks internally generated funding to support exploration and corporate costs. Its ability to advance projects therefore depends on external capital or future asset outcomes, making financial progress less predictable over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate Debt
Debt remains modest in absolute terms and leverage has improved from 2025, reducing immediate interest and refinancing pressure. This gives Alaska Silver some financial flexibility while it advances exploration, although the benefit is constrained by its ongoing losses and limited equity cushion.
Read all positive factors
Alaska Silver Corp (WAM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$49.60M
Dividend YieldN/A
Average Volume (3M)55.26K
Price to Earnings (P/E)―
Beta (1Y)1.26
Revenue GrowthN/A
EPS Growth-17.32%
CountryCA
Employees5
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.11
Shares Outstanding104,425,770
10 Day Avg. Volume52,613
30 Day Avg. Volume55,261
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)10.31
Price to Sales (P/S)0.00
P/FCF Ratio-13.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.34
Revenue Forecast (FY)N/A
Alaska Silver Corp Business Overview & Revenue Model
Company Description
Alaska Silver Corp. engages in the acquisition, exploration, and evaluation of mineral properties in the United States. It primarily explores for gold, silver, molybdenum, copper, lead, and zinc deposits. The company was formerly known as Western ...
Alaska Silver Corp Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.63K | -358.00 | -428.76K | -285.71K | -1.20K | 0.00 |
| EBITDA | -10.14M | -8.16M | -3.21M | -9.84M | -2.45M | ― |
| Net Income | -7.77M | -8.86M | -3.31M | -4.43M | -2.55M | -2.12M |
Balance Sheet | ||||||
| Total Assets | 12.03M | 16.72M | 35.37M | 32.08M | 27.72M | 10.40M |
| Cash, Cash Equivalents and Short-Term Investments | 4.07M | 9.05M | 849.57K | 1.19M | 3.84M | 1.17M |
| Total Debt | 1.44M | 2.30M | 2.36M | 2.82M | 2.70M | 3.20M |
| Total Liabilities | 5.53M | 10.54M | 3.17M | 3.76M | 3.36M | 2.78M |
| Stockholders Equity | 6.50M | 6.18M | 32.21M | 28.32M | 24.36M | 8.22M |
Cash Flow | ||||||
| Free Cash Flow | -7.24M | -4.82M | -2.21M | -3.63M | -2.17M | -620.94K |
| Operating Cash Flow | -6.85M | -4.61M | -2.21M | -2.27M | -1.62M | -620.94K |
| Investing Cash Flow | -598.50K | -209.44K | -3.75M | -6.71M | -8.79M | -2.59M |
| Financing Cash Flow | 11.00M | 13.02M | 5.64M | 6.21M | 12.60M | 4.88M |
Alaska Silver Corp Technical Analysis
Negative
0.72
Price Trends
0.64
Negative
0.66
Negative
0.77
Negative
Market Momentum
-0.05
Positive
37.53
Neutral
11.43
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WAM, the sentiment is Negative. The current price of 0.72 is above the 20-day moving average (MA) of 0.54, above the 50-day MA of 0.64, and below the 200-day MA of 0.77, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 37.53 is Neutral, neither overbought nor oversold. The STOCH value of 11.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WAM.
Alaska Silver Corp Risk Analysis
Alaska Silver Corp disclosed 59 risk factors in its most recent earnings report. Alaska Silver Corp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Alaska Silver Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | C$461.04M | -60.87 | -3.50% | ― | ― | 4.13% | |
44 Neutral | C$294.07M | -15.02 | -85.35% | ― | ― | 26.29% | |
44 Neutral | C$155.40M | -12.29 | -22.57% | ― | ― | -61.83% | |
43 Neutral | C$49.60M | -3.04 | -136.29% | ― | ― | -17.32% | |
43 Neutral | C$26.07M | -29.84 | -10.57% | ― | ― | ― |
* General Sector Average
TSE:WAM
Alaska Silver Corp
0.48
-0.34
-41.36%
TSE:BRC
Blackrock Silver
0.77
0.13
20.31%
TSE:SLVR
Silver Tiger Metals
0.70
-0.04
-5.41%
TSE:SSV
Southern Silver Exploration
0.37
0.02
4.23%
TSE:PNTR
Pantera Silver
0.33
-0.13
-28.26%
TSE:AGA
Silver47 Exploration Corp
0.46
-0.25
-35.21%
Alaska Silver Corp Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Alaska Silver Marks Record 2026 Drilling Milestone at Illinois Creek
Positive
Oct 8, 2026
Alaska Silver Corp. reported that its 2026 drill program at the Illinois Creek Project was the most productive and efficient in its history, completing 9,496 metres of drilling and surpassing both original and expanded meterage targets ahead of sc...
Business Operations and StrategyExecutive/Board Changes
Alaska Silver Grants Stock Options to Directors as Illinois Creek Project Advances
Positive
Sep 3, 2026
Alaska Silver Corp. has granted 375,000 stock options to certain non-executive directors under its director compensation policy, with each option exercisable at C$0.71 per share for a five-year term. The move aligns management incentives with shar...
Business Operations and StrategyPrivate Placements and Financing
Alaska Silver Raises C$7.6 Million to Expand Illinois Creek Drilling
Positive
Aug 17, 2026
Alaska Silver Corp. has closed a private investment in public equity financing totaling C$7.6 million, issuing more than 13.8 million units at C$0.55 each, with attached warrants exercisable at C$0.75 for three years. The funding will be used to e...
Business Operations and StrategyPrivate Placements and Financing
Alaska Silver Raises C$7.6 Million to Expand Illinois Creek Drilling Campaign
Positive
Aug 11, 2026
Alaska Silver Corp. has launched a private investment in public equity financing of up to C$7.6 million, issuing units comprised of common shares and three-year warrants to accredited investors in Canada and the U.S. The structure, which includes ...
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.