Wescan Goldfields Stock Analysis
| WGF Stock | CAD 0.02 0.00 0.00% |
Wescan Goldfields is overvalued with Real Value of 0.0192 and Hype Value of 0.02. The main objective of Wescan Goldfields stock analysis is to determine its intrinsic value, which is an estimate of what Wescan Goldfields is worth, separate from its market price. There are two main types of Wescan Goldfields' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Wescan Goldfields' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Wescan Goldfields' stock to identify patterns and trends that may indicate its future price movements.
The Wescan Goldfields stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Wescan Goldfields is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Wescan Stock trading window is adjusted to America/Toronto timezone.
Wescan |
Wescan Stock Analysis Notes
About 56.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 0.01. Wescan Goldfields had not issued any dividends in recent years. The entity had 1:10 split on the 7th of August 2012. Wescan Goldfields Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Wescan Goldfields Inc. was incorporated in 2003 and is based in Saskatoon, Canada. WESCAN GOLDFIELDS operates under Gold classification in Exotistan and is traded on Commodity Exchange. For more information please call Kenneth MacNeill at 306 244 5480 or visit https://www.wescangoldfields.com.Wescan Goldfields Investment Alerts
| Wescan Goldfields generated a negative expected return over the last 90 days | |
| Wescan Goldfields has high historical volatility and very poor performance | |
| Wescan Goldfields has some characteristics of a very speculative penny stock | |
| Wescan Goldfields has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (351.6 K) with profit before overhead, payroll, taxes, and interest of 11. | |
| Wescan Goldfields has accumulated about 15.45 K in cash with (325.14 K) of positive cash flow from operations. | |
| Roughly 56.0% of the company outstanding shares are owned by insiders |
Wescan Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wescan Goldfields's market, we take the total number of its shares issued and multiply it by Wescan Goldfields's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Management Efficiency
Wescan Goldfields has return on total asset (ROA) of (5.2603) % which means that it has lost $5.2603 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (10.4817) %, meaning that it generated substantial loss on money invested by shareholders. Wescan Goldfields' management efficiency ratios could be used to measure how well Wescan Goldfields manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Wescan Goldfields' Total Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 150.3 K in 2024, whereas Net Tangible Assets are likely to drop (110.4 K) in 2024.Leadership effectiveness at Wescan Goldfields is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta (0.15) | Return On Assets (5.26) | Return On Equity (10.48) |
Technical Drivers
As of the 15th of December 2024, Wescan Goldfields maintains the Market Risk Adjusted Performance of (0.37), mean deviation of 1.74, and Standard Deviation of 6.61. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wescan Goldfields, as well as the relationship between them. Please check out Wescan Goldfields market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Wescan Goldfields is priced fairly, providing market reflects its latest price of 0.02 per share.Wescan Goldfields Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Wescan Goldfields middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Wescan Goldfields. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Wescan Goldfields Outstanding Bonds
Wescan Goldfields issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Wescan Goldfields uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Wescan bonds can be classified according to their maturity, which is the date when Wescan Goldfields has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Wescan Goldfields Predictive Daily Indicators
Wescan Goldfields intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Wescan Goldfields stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Wescan Goldfields Forecast Models
Wescan Goldfields' time-series forecasting models are one of many Wescan Goldfields' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Wescan Goldfields' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Wescan Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Wescan Goldfields prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Wescan shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Wescan Goldfields. By using and applying Wescan Stock analysis, traders can create a robust methodology for identifying Wescan entry and exit points for their positions.
Wescan Goldfields Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Wescan Goldfields Inc. was incorporated in 2003 and is based in Saskatoon, Canada. WESCAN GOLDFIELDS operates under Gold classification in Exotistan and is traded on Commodity Exchange.
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Additional Tools for Wescan Stock Analysis
When running Wescan Goldfields' price analysis, check to measure Wescan Goldfields' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wescan Goldfields is operating at the current time. Most of Wescan Goldfields' value examination focuses on studying past and present price action to predict the probability of Wescan Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wescan Goldfields' price. Additionally, you may evaluate how the addition of Wescan Goldfields to your portfolios can decrease your overall portfolio volatility.