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Wedgemount Resources
(WDGY)
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Rating:44Neutral
Price Target:
C$0.07
▲(126.67% Upside)
Action:Reiterated
Date:08/24/26
The score is primarily held down by weak financial performance: declining revenue, widening losses with deeply negative margins, negative equity, and ongoing cash burn. Technicals are mildly negative with price below key short-term moving averages and a negative MACD. Valuation is constrained by losses (negative P/E) and no dividend yield, while recent corporate events are only a modest positive due to governance approvals and equity incentives with potential dilution.
Positive Factors
Improving cash-burn trend
The reduction in operating and free-cash-flow losses indicates some spending or working-capital relief. If sustained, this could slow funding needs and provide a foundation for eventual self-funding.
Negative Factors
Revenue decline and severe margin pressure
Falling revenue combined with deeply negative gross and operating margins signals that costs are substantially exceeding sales. This weakens scalability and suggests a durable need for restructuring, cost control, or additional funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving cash-burn trend
The reduction in operating and free-cash-flow losses indicates some spending or working-capital relief. If sustained, this could slow funding needs and provide a foundation for eventual self-funding.
Read all positive factors
Wedgemount Resources (WDGY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.44M
Dividend YieldN/A
Average Volume (3M)242.85K
Price to Earnings (P/E)―
Beta (1Y)-1.66
Revenue Growth-17.25%
EPS Growth-287.61%
CountryCA
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.22
Shares Outstanding68,702,576
10 Day Avg. Volume169,615
30 Day Avg. Volume242,848
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.35
Price to Sales (P/S)2.46
P/FCF Ratio-0.89
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)N/A
Revenue Forecast (FY)N/A
Wedgemount Resources Business Overview & Revenue Model
Company Description
Wedgemount Resources Corp. is a Canadian enterprise focused on the discovery, assessment, and acquisition of mineral resources, primarily exploring for copper and gold deposits. The company holds significant interests in several British Columbia p...
Wedgemount Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
24
Negative
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.08M | 1.22M | 1.08M | 292.18K | 0.00 | 0.00 |
| Gross Profit | -2.62M | -2.41M | 857.86K | 211.96K | -431.03K | -1.94K |
| EBITDA | -11.01M | -10.66M | -1.07M | -1.19M | -915.80K | 52.81K |
| Net Income | -12.34M | -11.65M | -1.55M | -1.36M | -2.41M | -896.89K |
Balance Sheet | ||||||
| Total Assets | 7.46M | 8.32M | 7.43M | 5.16M | 617.09K | 2.06M |
| Cash, Cash Equivalents and Short-Term Investments | 39.55K | 118.62K | 99.48K | 950.62K | 220.46K | 1.47M |
| Total Debt | 4.61M | 4.09M | 1.58M | 768.99K | 0.00 | 0.00 |
| Total Liabilities | 18.11M | 16.81M | 5.64M | 2.17M | 82.03K | 325.45K |
| Stockholders Equity | -10.65M | -8.48M | 1.80M | 3.00M | 535.06K | 1.73M |
Cash Flow | ||||||
| Free Cash Flow | -1.86M | -3.37M | -876.69K | -3.48M | -1.25M | -757.05K |
| Operating Cash Flow | -894.82K | -1.30M | -33.11K | -595.04K | -1.21M | -624.57K |
| Investing Cash Flow | -969.97K | -2.07M | -910.94K | -3.04M | -35.00K | -161.98K |
| Financing Cash Flow | 1.59M | 3.39M | 92.91K | 4.36M | 0.00 | 2.25M |
Wedgemount Resources Technical Analysis
Negative
0.03
Price Trends
0.07
Negative
0.07
Negative
0.06
Negative
Market Momentum
>-0.01
Negative
43.88
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WDGY, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.07, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.88 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WDGY.
Wedgemount Resources Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | C$1.39M | 0.53 | 2021.97% | ― | ― | 82.51% | |
50 Neutral | C$4.71M | -11.19 | -6.10% | ― | ― | 63.19% | |
46 Neutral | C$2.88M | -20.00 | -108.65% | ― | ― | -15.94% | |
44 Neutral | C$3.44M | -0.25 | 167.53% | ― | -17.25% | -287.61% | |
40 Underperform | C$1.53M | -1.57 | -39.66% | ― | ― | -15.38% |
* Energy Sector Average
TSE:WDGY
Wedgemount Resources
0.05
0.01
25.00%
TSE:KGS
Kingman Minerals
0.04
-0.05
-61.11%
TSE:LTHM
Idaho Champion Gold Mines Canada Inc
0.01
0.00
0.00%
TSE:NVR
North Valley Resources Ltd.
0.16
0.13
433.33%
TSE:GLDS
Golden Spike Resources Corp
0.08
0.03
45.45%
Wedgemount Resources Corporate Events
Business Operations and StrategyExecutive/Board Changes
Wedgemount Resources CEO Assumes Interim CFO Role After Sudden Resignation
Negative
Aug 28, 2026
Wedgemount Resources has announced that Chief Financial Officer Steven Vanry has resigned from his position, with the company acknowledging his contributions and his departure taking effect immediately. In the interim, President and CEO Mark Vanry...
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
Wedgemount Shareholders Approve AGM Matters and Equity Incentive Grants
Positive
Aug 14, 2026
Wedgemount Resources Corp. reported the voting outcomes of its Annual General Meeting held on July 27, 2026, where shareholders approved the financial statements for the year ended July 31, 2025 and confirmed a three-member board. Investors also r...
Business Operations and StrategyProduct-Related Announcements
CI Global Asset Management Cuts Risk Ratings on Key Alternative Funds
Neutral
Jul 16, 2026
CI Global Asset Management has lowered the risk ratings on three of its alternative strategies and one climate-focused equity fund, affecting all mutual fund and ETF series tied to these mandates. The CI Alternative Diversified Opportunities, CI A...
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.