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West Mining Corp.
(WEST)
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Rating:42Neutral
Price Target:
C$0.04
▼(-5.00% Downside)
Action:Reiterated
Date:08/20/26
The score is held down primarily by weak financial performance (pre-revenue operations, ongoing losses, and negative free cash flow indicating continued cash burn/funding risk). Technicals are also unfavorable with a broader downtrend, despite oversold signals that could support a short-term rebound. Valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Low leverage
Very low to no debt reduces financial risk and gives West Mining greater flexibility than a highly leveraged company. This balance-sheet position can help preserve strategic options and limit interest burdens while the business works toward commercial development.
Negative Factors
Pre-revenue business
The absence of reported revenue means West Mining has not yet demonstrated commercial sales or a recurring revenue base. This limits operating visibility and leaves future value dependent on successfully converting its activities into sustainable revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low to no debt reduces financial risk and gives West Mining greater flexibility than a highly leveraged company. This balance-sheet position can help preserve strategic options and limit interest burdens while the business works toward commercial development.
Read all positive factors
West Mining Corp. (WEST) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.56M
Dividend YieldN/A
Average Volume (3M)15.30K
Price to Earnings (P/E)―
Beta (1Y)1.92
Revenue GrowthN/A
EPS Growth92.19%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding44,539,060
10 Day Avg. Volume3,600
30 Day Avg. Volume15,300
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.15
Price to Sales (P/S)0.00
P/FCF Ratio-1.89
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)-0.1
Revenue Forecast (FY)N/A
West Mining Corp. Business Overview & Revenue Model
Company Description
Operating across Canada with its subsidiaries, West Mining Corp. is a mineral exploration enterprise primarily focused on gold discovery. Its cornerstone asset is the wholly-owned Kena gold-copper project, a sprawling 9,000-hectare venture. This s...
West Mining Corp. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 1.04M | -738.51K | -5.13M | -922.36K | -2.29M | -6.71M |
| Net Income | -452.99K | -1.34M | -5.14M | -1.13M | -3.06M | -6.72M |
Balance Sheet | ||||||
| Total Assets | 6.30M | 5.27M | 6.30M | 8.60M | 9.47M | 12.23M |
| Cash, Cash Equivalents and Short-Term Investments | 2.35M | 21.22K | 52.38K | 21.16K | 713.75K | 3.49M |
| Total Debt | 0.00 | 0.00 | 53.75K | 51.28K | 0.00 | 0.00 |
| Total Liabilities | 228.66K | 424.82K | 241.24K | 271.53K | 21.25K | 349.62K |
| Stockholders Equity | 6.07M | 4.85M | 6.05M | 8.33M | 9.45M | 11.88M |
Cash Flow | ||||||
| Free Cash Flow | -836.10K | -374.57K | -1.50M | -600.87K | -2.70M | -7.65M |
| Operating Cash Flow | -836.10K | -374.57K | -1.37M | -600.87K | -1.68M | -4.63M |
| Investing Cash Flow | 304.52K | 379.92K | -127.53K | -129.01K | -1.07M | -3.02M |
| Financing Cash Flow | 582.97K | -53.75K | 1.54M | 51.28K | 0.00 | 10.89M |
West Mining Corp. Technical Analysis
Negative
0.04
Price Trends
0.04
Negative
0.05
Negative
0.06
Negative
Market Momentum
>-0.01
Negative
37.41
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WEST, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.41 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:WEST.
West Mining Corp. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
44 Neutral | C$553.23K | -1.92 | 43.52% | ― | ― | -4.00% | |
44 Neutral | C$4.04M | -2.46 | 492.74% | ― | ― | 94.15% | |
43 Neutral | C$2.11M | -1.93 | -304.89% | ― | ― | 27.59% | |
42 Neutral | C$1.56M | -1.59 | -8.40% | ― | ― | 92.19% | |
42 Neutral | C$25.02M | -0.75 | -45.72% | ― | ― | -439.68% | |
| ― | C$2.00M | -1.44 | 305.07% | ― | ― | ― |
* Basic Materials Sector Average
TSE:WEST
West Mining Corp.
0.04
0.01
40.00%
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0.02
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West Mining Corp. Corporate Events
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
West Mining Shifts to Semi-Annual Reporting Under Canadian Venture Issuer Exemption
Neutral
Aug 5, 2026
West Mining Corp. has adopted a semi-annual financial reporting schedule, taking advantage of a Canadian securities exemption that allows eligible venture issuers to move from quarterly to twice-yearly reporting. The change means the company will ...
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.