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Western Magnesium Corp

Basic Materials CA WMG

NoneCAD
0.00(0%)

Last update at 2024-04-09T03:57:51.634331Z

Day Range

--
LowHigh

52 Week Range

0.090.14
LowHigh

Fundamentals

  • Previous Close -
  • Market Cap50.28M
  • VolumeNone
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-19.97168M
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM -0.51552M
  • Diluted EPS TTM-0.11

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2021-10-31 2020-10-31 2019-10-31 2018-10-31 2017-10-31
Type yearly yearly yearly yearly yearly
Date 2021-10-31 2020-10-31 2019-10-31 2018-10-31 2017-10-31
Income before tax -23.54961M -6.28951M -6.59936M -1.19033M -0.88662M
Minority interest - - - - -
Net income -23.54961M -6.28951M -6.59936M -1.19033M -0.88662M
Selling general administrative 17.52M 5.35M 6.05M 0.98M 0.91M
Selling and marketing expenses - - - - -
Gross profit -0.22990M -0.11668M -0.01027M -0.00260M -0.00042M
Reconciled depreciation 0.23M 0.12M 0.01M 0.00260M 0.00042M
Ebit -17.25130M -4.29722M -5.78139M -0.86067M -0.80715M
Ebitda -23.24539M -6.09124M -6.58697M -1.11312M -0.84682M
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income -17.72466M -5.46395M -6.57188M -0.98726M -0.91637M
Other operating expenses - - - - -
Interest expense 0.07M 0.06M 0.00161M 0.06M 0.00000M
Tax provision - - - - -
Interest income - - - - -
Net interest income -0.08961M -0.09608M -0.01238M -0.07606M -0.04087M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - - - -
Total revenue 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 17.72M 5.46M 6.57M 0.99M 0.92M
Cost of revenue 0.23M 0.12M 0.01M 0.00260M 0.00042M
Total other income expense net -5.73535M -0.72948M -0.01510M -0.12701M 0.07M
Discontinued operations - - - - -
Net income from continuing ops -23.54961M -6.28951M -6.59936M -1.19033M -0.88662M
Net income applicable to common shares -23.54961M -4.67260M -6.59936M -1.19033M -0.88662M
Preferred stock and other adjustments - - - - -
Breakdown 2021-10-31 2020-10-31 2019-10-31 2018-10-31 2017-10-31
Type yearly yearly yearly yearly yearly
Date 2021-10-31 2020-10-31 2019-10-31 2018-10-31 2017-10-31
Total assets 4.51M 2.33M 1.76M 1.73M 2.00M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 0.49M - - - -
Total liab 11.28M 3.71M 2.08M 1.10M 1.41M
Total stockholder equity -6.77004M -1.38116M -0.31753M 0.62M 0.58M
Deferred long term liab - - - - -
Other current liab 7.45M 0.02M 0.84M - -
Common stock 29.84M 21.32M 22.46M 18.37M 17.21M
Capital stock 29.84M 19.57M 17.06M 14.00M -
Retained earnings -52.12962M -28.58001M -27.56259M -20.96323M -19.77290M
Other liab - - - - -
Good will - - - - -
Other assets 0.01M 0.00263M 0.00350M 0.00350M 0.00350M
Cash 0.46M 0.05M 0.04M 0.24M 0.38M
Cash and equivalents - - - - -
Total current liabilities 10.89M 2.55M 2.08M 1.10M 1.03M
Current deferred revenue - - - - -
Net debt - 0.16M 0.09M - 0.00481M
Short term debt - - 0.13M - -
Short long term debt 0.00011M 0.21M 0.13M - -
Short long term debt total - - - - -
Other stockholder equity 0.33M 1.00M 4.78M 3.21M 3.15M
Property plant equipment 3.27M 0.55M 1.58M 1.46M 1.52M
Total current assets 1.23M 0.16M 0.18M 0.26M 0.48M
Long term investments - - - - -
Net tangible assets -6.77004M -2.07990M -0.31753M 0.62M 0.58M
Short term investments - - - - -
Net receivables 0.15M 0.00458M 0.03M 0.00939M 0.00601M
Long term debt - - - - 0.39M
Inventory - - - - -
Accounts payable 1.99M 1.17M 0.82M 0.02M 0.01M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.00283M 0.00263M 0.00350M 0.00350M 1.52M
Deferred long term asset charges - - - - -
Non current assets total 3.28M 2.12M 1.59M 1.46M 1.52M
Capital lease obligations 0.58M 0.51M - - -
Long term debt total - - - - -
Breakdown 2021-10-31 2020-10-31 2019-10-31 2018-10-31 2017-10-31
Type yearly yearly yearly yearly yearly
Date 2021-10-31 2020-10-31 2019-10-31 2018-10-31 2017-10-31
Investments -2.06657M 0.00523M -0.13841M -0.02521M -0.12112M
Change to liabilities 0.72M 0.51M 0.86M 0.00325M -0.14966M
Total cashflows from investing activities -2.06657M 0.02M -0.13841M -0.02521M -0.12112M
Net borrowings 1.31M -0.01446M 0.13M 0.13M 0.43M
Total cash from financing activities 8.85M 3.26M 4.17M 0.56M 1.14M
Change to operating activities -0.37128M 0.16M -0.04616M 0.15M 0.00583M
Net income -23.54961M -4.67260M -6.59936M -1.19033M -0.88662M
Change in cash 0.42M 0.00592M -0.19553M -0.14115M 0.31M
Begin period cash flow 0.05M 0.04M 0.24M 0.38M 0.07M
End period cash flow 0.46M 0.05M 0.04M 0.24M 0.38M
Total cash from operating activities -6.36757M -3.27053M -4.22839M -0.68079M -0.70732M
Issuance of capital stock 7.54M 3.21M 3.07M 0.43M -
Depreciation 0.23M 0.09M 0.01M 0.00260M 0.00043M
Other cashflows from investing activities -0.01000M -0.01000M -0.01000M -0.00000M -0.00000M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -0.14428M 0.02M -0.01703M -0.00338M 0.02M
Sale purchase of stock - - - - -
Other cashflows from financing activities -0.54103M -0.04127M -0.24363M -0.00080M -0.02507M
Change to netincome 16.75M 0.63M 1.57M 0.36M 0.30M
Capital expenditures 2.06M 0.02M 0.14M 0.03M 0.12M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.20M 1.00M 0.79M 0.15M -0.12453M
Stock based compensation 11.05M 0.69M 1.18M - -
Other non cash items 0.19M 0.04M 0.00975M 0.08M 0.16M
Free cash flow -8.42413M -4.29717M -4.36680M -0.72444M -0.82844M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
WMG
Western Magnesium Corp
- -% - - - - 45.06 -1.7403
SGML
Sigma Lithium Resources Corp
-0.53 2.75% 18.76 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res
- -% 1.50 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd
-0.16 3.23% 4.79 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd
0.08 2.22% 3.69 - 1250.00 - 26.07 -7.0089

Reports Covered

Stock Research & News

Profile

Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States. The company primarily explores for magnesium deposits. It holds a 100% interest in the Tami Mosi mining claim that consists of 81 unpatented mining claims covering an area of approximately 1,673 acres; four unpatented lode mining claims covering an area of approximately 10 acres located in the Moor Mining District in Elco County, Nevada; and the Silverado mining claim, which consists of three patented mining claims covering an area of approximately 296 acres located in the Pinto mining district of Nevada. The company was formerly known as Nevada Clean Magnesium Inc. and changed its name to Western Magnesium Corporation in May 2019. Western Magnesium Corporation was incorporated in 1966 and is headquartered in McLean, United States.Western Magnesium Corporation operates as a subsidiary of Phibro Animal Health Corporation.

Western Magnesium Corp

8180 Greensboro Drive, McLean, VA, United States, 22102

Key Executives

Name Title Year Born
Mr. Edward C. Lee Exec. Chairman 1962
Mr. Sam Ataya Exec. Pres, CEO & Director 1969
Mr. Stephen Thorlakson Interim CFO & Director 1950
Ms. Lisa Diane Maxwell Pres of Global Operations & COO 1968
Mr. Paul Sauve Exec. VP of Operations & CTO 1988
Mr. Michael F. Pickholz Head of Sales & Corp. Partnerships Division NA
Mr. Rabih Ataya Exec. VP of Special Projects & Director 1960
Mr. Robert Brown Honorary Technical Director Emeritus 1932
Dr. Robert R. Odle Chief Process Engineer NA
Mr. Karim Alameddine Corp. Sec. 1994

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