Wallbridge Mng Co (WM) AI Stock Analysis

• Market Cap: C$54.99M
• Dividend Yield: N/A
• Average Volume (3M): 1.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.44
• Revenue Growth: N/A
• EPS Growth: 9.09%
• Country: CA
• Employees: 63
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 1,099,806,000
• 10 Day Avg. Volume: 672,584
• 30 Day Avg. Volume: 1,086,528
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: C$0.20
• Price Target Upside: 300.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Wallbridge Mng Co's overall score is heavily affected by significant financial challenges, particularly the lack of revenue and continuous losses, which weigh heavily on its prospects. The technical analysis suggests a neutral outlook, while the valuation indicates potential overvaluation. However, recent positive corporate events provide some optimism for future development and stakeholder engagement, slightly improving the outlook.

Wallbridge Mng Co Business Overview & Revenue Model

Company Description

Wallbridge Mining Company Limited (WM) is a Canadian mining and exploration firm primarily engaged in the exploration, discovery, and development of mineral resources. The company is focused on gold, copper, and nickel properties, with a strategic emphasis on developing its flagship projects in the Sudbury Basin in Ontario, Canada. Wallbridge Mining leverages its technical expertise and strategic partnerships to advance its mineral exploration projects, aiming to deliver sustainable value to its shareholders.

How the Company Makes Money

Wallbridge Mining Company Limited generates revenue through the exploration and development of its mineral properties, primarily focusing on gold and base metals such as copper and nickel. The company seeks to monetize its projects by advancing them to the production stage, forming joint ventures, or through the sale of mineral assets. Revenue is further supplemented by strategic partnerships and potential off-take agreements with major mining companies, which provide financial and technical support in exchange for future production rights. Additionally, Wallbridge may raise capital through equity financing to fund its exploration and development activities.

Wallbridge Mng Co Financial Statement Overview

Summary

Wallbridge Mining faces significant financial challenges, notably in income generation and cash flow management. Despite a strong equity base, the lack of revenue and persistent losses constrain growth and profitability prospects. Financial stability is maintained through low leverage, but operational and cash flow improvements are critical for future success.

Income Statement

Wallbridge Mining has consistently reported zero revenue, which is a significant concern for income generation. The company is operating at a loss, shown by negative EBIT and net income. The lack of revenue growth and profitability reflects ongoing financial challenges in its core operations.

Balance Sheet

The company exhibits a relatively strong equity position with a high equity ratio, indicating good asset financing through equity. However, persistent losses affect the return on equity, which remains negative. The low level of debt suggests limited leverage, reducing financial risk.

Cash Flow

Wallbridge Mining's cash flow is under pressure, with negative operating and free cash flows. This indicates cash outflows exceed inflows, potentially impacting liquidity. The consistent negative free cash flow to net income ratio highlights challenges in converting earnings into cash.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-47.86K	-129.20K	-173.64K	-479.96K	-131.15K
	EBIT
-6.22M	2.11M	2.58M	-5.58M	-2.09M
	EBITDA
-6.23M	-22.47M	485.83K	-4.86M	-1.98M
	Net Income Common Stockholders
-10.43M	-31.57M	-7.89M	-19.85M	-3.16M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
29.83M	23.72M	39.06M	85.89M	57.09M
	Total Assets
331.17M	320.12M	350.09M	329.16M	115.70M
	Total Debt
26.35K	40.54K	98.57K	227.44K	889.01K
	Net Debt
-29.80M	-23.62M	-38.84M	-84.82M	-56.20M
	Total Liabilities
35.19M	30.89M	29.98M	19.31M	12.41M
	Stockholders Equity
295.98M	289.23M	320.11M	309.84M	103.29M
Cash Flow		Free Cash Flow
-30.93M	-68.85M	-74.29M	-45.48M	-35.93M
	Operating Cash Flow
-3.77M	-4.40M	-2.55M	-9.09M	-2.43M
	Investing Cash Flow
-9.01M	-38.10M	-63.39M	-28.76M	-11.10M
	Financing Cash Flow
18.94M	27.23M	19.84M	65.82M	64.88M

Wallbridge Mng Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WM, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 32.25 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WM.

Wallbridge Mng Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.95B	19.06	26.82%	―	77.93%	236.93%
OR	70 Outperform	$5.94B	266.64	1.33%	0.81%	6.02%	―
MAG	57 Neutral	$2.09B	19.55	14.17%	1.26%	―	61.66%
NXE	53 Neutral	$4.18B	27.25	-7.77%	―	―	-197.27%
Sector *	49 Neutral	$1.95B	-1.37	-21.20%	3.73%	0.84%	-29.84%
GENM	40 Underperform	C$43.84M	―	48.03%	―	―	3.28%
WM	39 Underperform	C$54.99M	―	-3.48%	―	―	9.09%

Wallbridge Mng Co Corporate Events

Wallbridge Mining Announces Board Leadership Change

Wallbridge Mining Company Limited has announced a change in its Board of Directors, with Tony Makuch stepping down as Director and Chairperson, and Janet Wilkinson appointed as the new Chairperson. This leadership change is expected to leverage Janet Wilkinson’s extensive board experience and deep knowledge of the company, potentially enhancing Wallbridge’s strategic direction and stakeholder confidence.

Spark’s Take on TSE:WM Stock

According to Spark, TipRanks’ AI Analyst, TSE:WM is a Underperform.

Wallbridge Mng Co’s overall score reflects significant financial challenges, particularly the lack of revenue and continuous losses, which weigh heavily on its prospects. While technical analysis suggests a neutral outlook, the valuation indicates potential overvaluation. However, recent positive corporate events provide some optimism for future development and stakeholder engagement, slightly improving the outlook.

To see Spark’s full report on TSE:WM stock, click here.

Wallbridge Mining Unveils Promising PEA for Fenelon Gold Project

Wallbridge Mining has completed an updated Preliminary Economic Assessment (PEA) for its Fenelon Gold Project, revealing promising economic prospects. The PEA outlines an average annual gold production of 107,000 ounces over a 16-year mine life, with an after-tax net present value of $706 million and an internal rate of return of 21%. The assessment suggests a robust path to development with lower startup capital and higher grade scenarios, positioning the project favorably in the current high gold price environment. The company plans to rapidly advance the project, considering expansion options post-payback, aiming to enhance shareholder value.

Wallbridge Mining Initiates Drilling at Martiniere Gold Project

Wallbridge Mining Company Limited has commenced a new drilling program at its Martiniere gold project in northwestern Quebec, aiming to explore the broader mineralized gold system along the Bug Lake deformation corridor. The 2025 drilling program targets the down-plunge extension of the Dragonfly zone and other promising areas, with plans to complete up to 15,000 metres of drilling. The first phase is expected to conclude by May 2025, with results anticipated by the end of the second quarter, potentially impacting the company’s exploration strategy and stakeholder interests.

Wallbridge Reports Promising Results from 2024 Detour East Drilling Program

Wallbridge Mining Company Limited announced the final assay results from its 2024 drilling program on the Detour East property, revealing promising gold mineralization across multiple targets. The exploration, conducted in partnership with Agnico Eagle Mines, included a geophysical survey and a 14-hole diamond drilling program, with significant findings that could lead to a new gold discovery in the region. The results enhance Wallbridge’s strategic positioning in the northern Abitibi region, potentially increasing stakeholder interest and investment.

Wallbridge Mining Updates on Casault and Beschefer Property Deals

Wallbridge Mining Company Limited has announced key transactions regarding its Casault and Beschefer gold properties in Quebec. The company has extended its option agreement with Midland Exploration Inc. for the Casault property, strategically located between Wallbridge’s Detour East and Martiniere properties. Additionally, Wallbridge has confirmed that Abitibi Metals Corp. has fulfilled the terms to acquire a 100% interest in the Beschefer project, marking a significant step in the transfer of mineral titles. These transactions are poised to impact Wallbridge’s operational focus and strategic positioning in the region.