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Western Uranium
(WUC)
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Rating:43Neutral
Price Target:
C$0.44
▼(-33.73% Downside)
Action:Reiterated
Date:09/30/26
The score is held down primarily by persistent losses and multi-year negative operating/free cash flow, alongside a technically weak downtrend (price below all major moving averages and negative MACD). Strong TTM revenue growth and a debt-free balance sheet provide some support but are not yet translating into sustainable profitability or self-funded operations.
Positive Factors
Strong TTM Revenue Growth
The strong TTM revenue increase indicates improving commercial activity and greater monetization of the company’s uranium and vanadium asset base. If sustained, this growth could expand operating scale and support future development, although profitability has not yet followed.
Negative Factors
Persistent Unprofitability
Despite strong revenue growth, the company remains structurally unprofitable at both net income and operating levels. Continued negative margins limit internally generated capital, weaken returns from the asset base, and make a durable transition to self-funded growth dependent on improved project economics.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong TTM Revenue Growth
The strong TTM revenue increase indicates improving commercial activity and greater monetization of the company’s uranium and vanadium asset base. If sustained, this growth could expand operating scale and support future development, although profitability has not yet followed.
Read all positive factors
Western Uranium (WUC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$31.97M
Dividend YieldN/A
Average Volume (3M)159.79K
Price to Earnings (P/E)―
Beta (1Y)3.48
Revenue Growth256.01%
EPS Growth54.85%
CountryCA
Employees16
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)-0.08
Shares Outstanding71,853,890
10 Day Avg. Volume301,274
30 Day Avg. Volume159,794
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.72
Price to Sales (P/S)50.10
P/FCF Ratio-3.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.00Price Target Upside497.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.15
Revenue Forecast (FY)N/A
Western Uranium Business Overview & Revenue Model
Company Description
Western Uranium & Vanadium Corp. specializes in obtaining and developing sites rich in uranium and vanadium across the United States, concentrating primarily on properties within Utah and Colorado. The company's diverse holdings encompass Utah's S...
How the Company Makes Money
Western Uranium’s economic model is centered on monetizing uranium and vanadium mineral assets. Revenue generation (when and if achieved) would primarily come from (1) producing and selling uranium (typically as U3O8/uranium concentrate or equival...
Western Uranium Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
21
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 575.00K | 432.89K | 183.80K | 431.06K | 7.86M | 272.14K |
| Gross Profit | 1.83M | 425.45K | -5.10M | -2.52M | 3.81M | -445.51K |
| EBITDA | -4.57M | -6.46M | -9.72M | -4.83M | -752.30K | -1.99M |
| Net Income | -5.28M | -7.18M | -10.11M | -4.94M | -713.77K | -2.07M |
Balance Sheet | ||||||
| Total Assets | 31.85M | 34.45M | 33.92M | 34.90M | 33.20M | 27.40M |
| Cash, Cash Equivalents and Short-Term Investments | 3.59M | 5.62M | 5.48M | 9.22M | 9.68M | 882.94K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.06M | 4.14M | 4.10M | 4.13M | 3.94M | 4.30M |
| Stockholders Equity | 27.79M | 30.30M | 29.82M | 30.77M | 29.26M | 23.10M |
Cash Flow | ||||||
| Free Cash Flow | -4.79M | -6.57M | -11.69M | -6.49M | 3.50M | -6.22M |
| Operating Cash Flow | -4.34M | -5.78M | -8.30M | -4.09M | 4.55M | -6.15M |
| Investing Cash Flow | -288.43K | -765.45K | -3.39M | -2.40M | -1.05M | -65.00K |
| Financing Cash Flow | 3.79M | 7.14M | 8.15M | 5.84M | 5.63M | 6.31M |
Western Uranium Technical Analysis
Negative
0.67
Price Trends
0.56
Negative
0.57
Negative
0.67
Negative
Market Momentum
-0.04
Positive
40.76
Neutral
41.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WUC, the sentiment is Negative. The current price of 0.67 is above the 20-day moving average (MA) of 0.50, above the 50-day MA of 0.56, and below the 200-day MA of 0.67, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 40.76 is Neutral, neither overbought nor oversold. The STOCH value of 41.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WUC.
Western Uranium 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% | |
64 Neutral | C$54.71B | 153.63 | 5.09% | 0.19% | -2.68% | -33.51% | |
54 Neutral | C$8.39B | -29.09 | -16.11% | ― | ― | -23.38% | |
50 Neutral | C$191.19M | 31.53 | 2.29% | ― | ― | ― | |
45 Neutral | C$268.55M | -2.98 | -25.71% | ― | 21.99% | 5.66% | |
43 Neutral | C$31.97M | -4.15 | -18.36% | ― | 256.01% | 54.85% | |
41 Neutral | C$3.13B | -11.21 | -83.49% | ― | -9.37% | -217.41% |
* Energy Sector Average
TSE:WUC
Western Uranium
0.45
-0.45
-50.00%
TSE:CCO
Cameco
125.61
4.50
3.71%
TSE:DML
Denison Mines
3.46
-1.03
-22.94%
TSE:EU
enCore Energy
1.39
-3.76
-73.01%
TSE:MGA
Mega Uranium
0.50
0.03
5.32%
TSE:NXE
NexGen Energy
12.51
-0.69
-5.23%
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.