Western Alaska Minerals Corp (WAM) AI Stock Analysis

• Market Cap: C$28.42M
• Dividend Yield: N/A
• Average Volume (3M): 33.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: N/A
• EPS Growth: 42.10%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Other Precious Metals
• EPS (TTM): -0.13
• Shares Outstanding: 42,189,920
• 10 Day Avg. Volume: 34,940
• 30 Day Avg. Volume: 33,928
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -32.10
• 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

Western Alaska Minerals Corp shows significant weaknesses in financial performance, with no revenue, negative earnings, and reliance on external financing. The technical indicators signify a bearish trend, while valuation metrics highlight unattractiveness due to negative profitability and no dividends. The stability of the balance sheet provides some support, but overall, the stock faces considerable challenges.

Western Alaska Minerals Corp Business Overview & Revenue Model

Company Description

Western Alaska Minerals Corp (WAM) is a resource exploration company focused on the discovery and development of precious and base metal projects in Alaska. The company is engaged in the exploration of mineral-rich properties, primarily targeting silver, lead, zinc, and copper. WAM leverages its expertise in geological exploration to identify and develop high-potential mining sites, contributing to the growing demand for metals and minerals in various industries.

How the Company Makes Money

Western Alaska Minerals Corp generates revenue primarily through the exploration and potential sale or joint venture of its mineral properties. The company invests in identifying and developing mineral-rich sites, which can be sold or partnered with larger mining companies. Revenue streams may include the outright sale of mining rights, royalty agreements, and joint ventures wherein WAM retains a stake in the project. Additionally, strategic partnerships can provide funding and resource sharing, enhancing the company's ability to explore and develop its projects. The value of the company's properties and potential earnings is heavily influenced by global commodity prices, exploration success, and the ability to secure investment or partnerships.

Western Alaska Minerals Corp Financial Statement Overview

Summary

Western Alaska Minerals Corp is facing significant challenges in income generation, with no revenue and negative profitability metrics. The balance sheet shows strength with a solid equity base, but cash flow issues underscore a reliance on external financing.

Income Statement

Western Alaska Minerals Corp has not generated any revenue in the TTM period, indicating a lack of sales or operational income. The company is experiencing significant losses, as seen with a negative EBIT and net income. The absence of revenue growth suggests a challenging outlook in terms of income generation.

Balance Sheet

The company shows a strong equity position with stockholders' equity making up a substantial part of total assets, reflected in a solid equity ratio. However, the debt-to-equity ratio is moderate, indicating manageable levels of debt relative to equity. The balance sheet is relatively stable, providing some level of financial security.

Cash Flow

The cash flow statement reflects negative operating and free cash flows, indicating a reliance on financing activities to support operations. There is no free cash flow growth observed, and the ratios relative to net income are negative, pointing to challenges in cash generation.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	-1.20K	0.00	0.00	0.00
	EBIT
-3.03M	―	-2.47M	―	―	-154.93K
	EBITDA
-3.05M	-4.17M	-3.23M	-2.65M	―	0.00
	Net Income Common Stockholders
-3.18M	―	-2.55M	―	―	-158.06K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
0.00	1.19M	3.84M	1.49M	52.18K	254.98K
	Total Assets
―	32.08M	27.72M	13.26M	8.89M	8.03M
	Total Debt
0.00	2.82M	2.70M	2.51M	24.30K	0.00
	Net Debt
0.00	1.63M	-1.14M	1.02M	-27.88K	-254.98K
	Total Liabilities
41.39K	3.76M	3.36M	2.78M	32.26K	24.70K
	Stockholders Equity
―	28.32M	24.36M	10.48M	―	8.01M
Cash Flow		Free Cash Flow
-2.34M	-3.63M	-2.17M	―	―	―
	Operating Cash Flow
-1.65M	-2.27M	-1.62M	―	―	―
	Investing Cash Flow
-4.32M	-6.71M	-8.79M	―	―	―
	Financing Cash Flow
5.89M	6.21M	12.60M	4.89M	676.29K	―

Western Alaska Minerals Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WAM, the sentiment is Negative. The current price of 0.6 is below the 20-day moving average (MA) of 0.63, above the 50-day MA of 0.59, and below the 200-day MA of 0.69, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.73 is Neutral, neither overbought nor oversold. The STOCH value of 17.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WAM.

Western Alaska Minerals Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTO	54 Neutral	$5.47B	―	-18.54%	5.63%	-4.17%	-318.18%
MUX	51 Neutral	$415.30M	3.61	-8.76%	―	4.96%	-182.95%
Sector *	47 Neutral	$2.65B	-3.07	-22.25%	3.27%	3.70%	-29.53%
WAM	42 Neutral	C$28.42M	―	-10.46%	―	―	42.10%
IPT	42 Neutral	$49.49M	―	-16.38%	―	36.99%	-153.27%
BCM	39 Underperform	$44.41M	―	-61.60%	―	21.75%	17.59%
BAY	38 Underperform	C$12.65M	―	-349.78%	―	―	-184.91%

Western Alaska Minerals Corp Corporate Events

Western Alaska Minerals Grants Stock Options and RSUs

Western Alaska Minerals Corp. has granted 1,095,000 stock options to key personnel, exercisable at $0.45 for five years, and issued 75,000 restricted share units to employees, vesting in one year. This strategic move aligns with the company’s mission to advance its ambitious mineral exploration projects in Alaska.

Western Alaska Minerals Confirms District Potential

Western Alaska Minerals has confirmed the district-scale potential of its Illinois Creek project with promising drilling results showing continuity of mineralization. The Warm Springs zone highlights the connection between the Waterpump Creek silver and Illinois Creek gold deposits, suggesting a large-scale hydrothermal system. These findings strengthen the project’s prospects, illustrating significant mineralization across a substantial corridor.