Wedgemount Resources (WDGY) AI Stock Analysis

• Market Cap: C$3.94M
• Dividend Yield: N/A
• Average Volume (3M): 7.36K
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: 123.58%
• EPS Growth: -65.69%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Other Precious Metals
• EPS (TTM): -0.06
• Shares Outstanding: 52,487,934
• 10 Day Avg. Volume: 7,400
• 30 Day Avg. Volume: 7,358
• PEG Ratio: 0.08
• Price to Book (P/B): 26.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.50
• 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

• Rating: 44 Neutral
• Price Target: C$0.00 ▼( -100.00% Downside)

Wedgemount Resources scores low due to its considerable financial challenges, including negative earnings and cash flows, and high financial leverage. Technical indicators suggest limited immediate positive momentum, and valuation points to undervaluation driven by financial distress rather than opportunity. Positive corporate events have not yet translated into significant market or financial improvements.

Wedgemount Resources Business Overview & Revenue Model

Company Description

Wedgemount Resources Corp. engages in the acquisition, evaluation, and exploration of assets in Canada. It primarily explores for copper and gold deposits. The company holds interests in the Eagle property covering an area of 2,530 hectares located in northern British Columbia; Cookie property totaling an area of approximately 20,000 hectares located in the southern Toodoggone copper belt of north-central British Columbia; and Friendly Lake - Deer Lake copper-gold property consists of 70 mineral claims covering approximately 13,950 hectares located in the South-Central British Columbia. Wedgemount Resources Corp. was incorporated in 2020 and is headquartered in Garibaldi Highlands, Canada.

How the Company Makes Money

Wedgemount Resources makes money through the exploration and development of mineral properties, aiming to discover commercially viable quantities of minerals. The company's primary revenue streams include the sale of extracted minerals, forming joint ventures with other mining firms, and potentially selling or leasing its mining properties to larger mining companies. Additionally, significant partnerships with industry leaders and strategic investments can contribute to its earnings. The company may also raise capital through equity financing to fund its exploration activities, which is common in the resource exploration sector.

Wedgemount Resources Financial Statement Overview

Summary

Wedgemount Resources faces significant financial challenges with moderate revenue growth, but negative profitability and high leverage. The balance sheet shows high financial risk, and cash flow generation is weak.

Income Statement

The company's income statement shows moderate revenue growth from previous periods, with a significant increase in the TTM. However, profitability metrics are concerning, as the Net Income and EBIT are negative, indicating operational challenges. Margins are deeply negative, with the Net Profit Margin and EBIT Margin reflecting losses, which is a major weakness.

Balance Sheet

The balance sheet reveals a concerning financial structure with high leverage. The Debt-to-Equity ratio is extremely high, indicating potential financial instability. The Equity Ratio is very low, suggesting excessive liabilities compared to assets. The declining stockholders' equity further highlights financial risk, despite some growth in total assets.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, suggesting a struggle to generate cash from operations. The Operating Cash Flow to Net Income and Free Cash Flow to Net Income ratios are unfavorable, reflecting cash flow management issues. Although there has been some financing cash inflow, it hasn't translated into positive free cash flow.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Dec 2020
Income Statement		Total Revenue
1.44M	1.08M	292.18K	0.00	0.00	0.00
	Gross Profit
1.22M	857.86K	211.96K	-431.03K	-1.94K	0.00
	EBIT
-2.34M	-1.19M	-920.04K	-915.80K	-916.46K	-17.58K
	EBITDA
-2.17M	-1.07M	-1.19M	-915.80K	52.81K	-17.58K
	Net Income Common Stockholders
-2.96M	-1.55M	-1.36M	-2.41M	-896.89K	-17.58K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
310.52K	99.48K	950.62K	220.46K	1.47M	125.56K
	Total Assets
14.28M	7.43M	5.16M	617.09K	2.06M	218.62K
	Total Debt
3.73M	1.58M	768.99K	0.00	0.00	0.00
	Net Debt
3.42M	1.48M	-181.62K	-220.46K	-1.47M	-125.56K
	Total Liabilities
14.05M	5.64M	2.17M	82.03K	325.45K	17.70K
	Stockholders Equity
229.26K	1.80M	3.00M	535.06K	1.73M	200.92K
Cash Flow		Free Cash Flow
-2.41M	-876.69K	-3.48M	-1.25M	-757.05K	-89.94K
	Operating Cash Flow
-1.07M	-33.11K	-595.04K	-1.21M	-624.57K	-74.94K
	Investing Cash Flow
-1.40M	-910.94K	-3.04M	-35.00K	-161.98K	-15.00K
	Financing Cash Flow
2.45M	92.91K	4.36M	0.00	2.25M	215.50K

Wedgemount Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.08
• 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:WDGY, the sentiment is Neutral. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.07, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.61 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:WDGY.

Wedgemount Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$1.98B	-1.07	-21.34%	3.71%	2.03%	-30.65%
NAR	48 Neutral	C$5.86M	14.62	-1.02%	―	―	―
MTX	46 Neutral	C$6.91M	15.63	7.51%	―	―	―
WDGY	44 Neutral	C$3.94M	―	-202.33%	―	123.58%	-65.69%
LECR	35 Underperform	$5.91M	7.78	-20.91%	―	―	89.87%

Wedgemount Resources Corporate Events

Wedgemount Resources Strengthens Board with Simon Clarke Appointment

Wedgemount Resources has appointed Simon Clarke to its Board of Directors, bringing his extensive experience in energy, mining, and energy technology sectors. Clarke’s track record includes significant roles in Osum Oil Sands Corp. and American Lithium Corp., where he contributed to substantial growth and market positioning. His expertise is expected to be invaluable as Wedgemount embarks on its growth journey in the oil and gas industry.

Wedgemount Resources Announces Stock Option Grant

Wedgemount Resources Corp. has announced the approval of a stock option grant allowing the acquisition of up to 800,000 common shares, exercisable over a five-year term at a price of $0.10 per option. This move is likely aimed at enhancing shareholder value and could impact the company’s market positioning by potentially increasing investor interest and capital inflow.