Westmount Minerals Corp. (WMC) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 112.96K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.40
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 25,034,000
• 10 Day Avg. Volume: 75,750
• 30 Day Avg. Volume: 112,961
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Westmount Minerals Corp. struggles with severe financial issues, including no revenue and negative equity, which dominate its overall performance. While recent fundraising efforts and some technical strength offer slight positives, the company's financial instability significantly weighs down its attractiveness.

Westmount Minerals Corp. Business Overview & Revenue Model

Company Description

Westmount Minerals Corp. (WMC) is a company engaged in the exploration and development of mineral properties. The company primarily focuses on identifying and developing precious and base metal deposits, catering to the growing demand for these resources in various industrial applications. By leveraging advanced exploration techniques and strategic acquisitions, Westmount Minerals aims to maximize the potential of its mineral assets and contribute to the mining sector.

How the Company Makes Money

Westmount Minerals Corp. generates revenue through the exploration and development of mineral properties. The company primarily makes money by discovering valuable mineral deposits and selling the rights or extracted minerals to larger mining companies or through direct sales in the commodities market. Revenue streams may also include joint ventures or partnerships with other mining firms, where Westmount Minerals shares exploration and development costs and profits. Additionally, the company might engage in strategic acquisitions or sales of mineral properties to optimize its portfolio and enhance profitability.

Westmount Minerals Corp. Financial Statement Overview

Summary

Westmount Minerals Corp. faces severe financial difficulties with no revenue and consistent operational losses. The negative equity position and reliance on financing activities raise concerns about long-term sustainability.

Income Statement

Westmount Minerals Corp. has reported zero total revenue consistently, indicating no operational income. Net income has been consistently negative, reflecting ongoing losses without any sign of revenue-generating activities. EBIT and EBITDA are also negative, demonstrating lack of profitability and operational efficiency.

Balance Sheet

The balance sheet reveals negative stockholders' equity, indicating liabilities exceed assets, a potential risk for solvency. The absence of debt is a positive aspect, reducing financial leverage risks. However, declining equity from previous years signals deteriorating financial health.

Cash Flow

Operating cash flow and free cash flow are negative, suggesting cash outflows from operations and lack of capital generation. The lack of capital expenditures indicates minimal reinvestment into operations or growth. Financing activities have been the primary source of cash inflows, which might not be sustainable long-term.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00
	EBIT
-412.51K	-541.05K	-470.59K	-46.94K
	EBITDA
0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-427.05K	-438.67K	-442.02K	-21.70K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.06K	1.12K	436.79K	223.75K
	Total Assets
16.75K	51.02K	460.73K	266.33K
	Total Debt
0.00	0.00	0.00	0.00
	Net Debt
-1.06K	-1.12K	-436.79K	-223.75K
	Total Liabilities
234.14K	105.40K	136.03K	98.35K
	Stockholders Equity
-217.39K	-54.38K	324.69K	167.98K
Cash Flow		Free Cash Flow
-236.10K	-435.67K	-299.52K	-65.25K
	Operating Cash Flow
-236.10K	-435.67K	-299.52K	-65.25K
	Investing Cash Flow
0.00	0.00	0.00	0.00
	Financing Cash Flow
236.05K	0.00	512.56K	289.00K

Westmount Minerals Corp. Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WMC, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.52 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WMC.

Westmount Minerals Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.95B	-1.37	-21.43%	3.74%	0.84%	-29.84%
STU	46 Neutral	C$4.88M	―	-6.81%	―	―	47.78%
MNO	45 Neutral	C$256.23M	―	-152.28%	―	―	-22.62%
DEF	45 Neutral	C$62.50M	―	-6.96%	―	―	-21.74%
WMC	35 Underperform		―	72.21%	―	―	―

Westmount Minerals Corp. Corporate Events

Westmount Minerals Completes C$250,000 Private Placement

Westmount Minerals Corp. has successfully closed a non-brokered private placement financing, issuing 25 million common shares at C$0.01 each, raising C$250,000 in gross proceeds. The funds will be used for general working capital and corporate expenses, potentially strengthening the company’s operational capabilities and market position.

Westmount Minerals Appoints New Director Amid Board Changes

Westmount Minerals Corp. has announced the appointment of Mr. John Alcock to its board of directors, replacing Mr. Brian Crawford who has resigned. This change in the board of directors could influence the company’s strategic direction as it continues to focus on its gold exploration projects in Canada.

Westmount Minerals Announces Private Placement Amid Financial Challenges

Westmount Minerals Corp. has announced a non-brokered private placement of up to 25 million common shares at C$0.01 per share, aiming to raise up to C$250,000. The proceeds will be used for general working capital and corporate expenses. The offering will proceed without shareholder approval, as the company is utilizing a financial hardship exemption due to being in serious financial difficulty, and the independent directors have deemed it in the company’s best interests.