€1.36
Your prediction
Western Copper+gold Corp. Stock
Pros and Cons of Western Copper+gold Corp. in the next few years
Pros
Cons
Performance of Western Copper+gold Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Western Copper+gold Corp. | -0.900% | 2.727% | 1.649% | -15.461% | 9.355% | 21.505% | 179.012% |
| Fortuna Silver Mines Inc. | 2.720% | 4.927% | 38.833% | 31.414% | 26.055% | -30.104% | 59.534% |
| New Gold Inc. | 3.910% | 3.141% | 15.822% | 44.530% | 26.194% | 20.700% | 111.375% |
| Mirasol Resources Ltd | 1.950% | -11.299% | -12.778% | -58.133% | -26.977% | 0.641% | -13.499% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon examining the financial statements of Western Copper (US symbol: WCPCF), a mining company in the Metals & Mining industry, it is clear that the company is experiencing financial troubles. This is evident in the decline of cash and cash equivalents, net losses across multiple years and decreased working capital. However, it is important to consider the context of the industry and carry out a thorough analysis of the pros and cons before reaching any conclusions.
Strong Growth in Total Assets: Over the years, Western Copper has seen a consistent growth in total assets, rising from $83.8 million in 2020, $115.5 million in 2021, to $114.4 million (in CAD) in 2022. This growth in assets can be beneficial for future leverage and scalability, as it showcases the company's ability to expand its resources.
Increase in Equity: The total stockholder equity has increased from $82.6 million in 2020 to $112 million in 2021 and $109.7 million (in CAD) in 2022, indicating that the company is allocating more resources towards its long-term growth and stability.