NYSEAMERICAN : WRN
Western Copper and Gold Corporation — Financial statements
Materials · Other Industrial Metals & Mining · Canada
Last price 1.615 USD (Nov 2, 2026, 10:29 AM EST) · Market cap 366.18M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Selling, General & Admin | 7.52M | 6.34M | 8.41M | 3.86M | 4.36M | 4.02M |
| Operating Expenses | 7.70M | 6.43M | 8.56M | 4.06M | 4.53M | 4.12M |
| Operating Income | -7.70M | -6.43M | -8.56M | -4.06M | -4.53M | -4.12M |
| Interest & Investment Income | 2.13M | 1.97M | 2.68M | 1.18M | 584.51K | 207.96K |
| Currency Exchange Gain (Loss) | -1.60K | -1.35K | -3.87K | -811.00 | -11.53K | -11.15K |
| Other Non Operating Income (Expenses) | -1.19M | -1.04M | -1.08M | -1.07M | -347.25K | -152.39K |
| EBT Excluding Unusual Items | -6.77M | -5.50M | -6.97M | -3.96M | -4.30M | -4.08M |
| Gain (Loss) on Sale of Investments | 702.15K | 2.38M | 48.32K | 620.80K | -694.32K | 367.44K |
| Pretax Income | -6.07M | -3.12M | -6.92M | -3.34M | -4.99M | -3.71M |
| Net Income | -6.07M | -3.12M | -6.92M | -3.34M | -4.99M | -3.71M |
| Net Income to Common | -6.07M | -3.12M | -6.92M | -3.34M | -4.99M | -3.71M |
| Shares Outstanding (Basic) | 210.14M | 200.69M | 187.91M | 159.76M | 151.53M | 144.27M |
| Shares Outstanding (Diluted) | 210.14M | 200.69M | 187.91M | 159.76M | 151.53M | 144.27M |
| EPS (Basic) | -0.03 | -0.02 | -0.04 | -0.02 | -0.03 | -0.03 |
| EPS (Diluted) | -0.03 | -0.02 | -0.04 | -0.02 | -0.03 | -0.03 |
| Free Cash Flow | -22.15M | -23.92M | -18.55M | -22.44M | -24.27M | -15.27M |
| Free Cash Flow Per Share | -0.10 | -0.12 | -0.10 | -0.14 | -0.16 | -0.11 |
| EBITDA | -7.52M | -6.34M | -8.41M | -3.86M | -4.36M | -4.02M |
| D&A For EBITDA | 178.65K | 97.56K | 157.66K | 206.90K | 167.89K | 103.26K |
| EBIT | -7.70M | -6.43M | -8.56M | -4.06M | -4.53M | -4.12M |
Balance sheet
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 58.03M | 22.26M | 14.20M | 25.97M | 1.34M | 30.69M |
| Short-Term Investments | 70.62M | 28.28M | 54.85M | 6.10M | 21.78M | 17.18M |
| Cash & Short-Term Investments | 128.65M | 50.54M | 69.05M | 32.07M | 23.12M | 47.87M |
| Other Current Assets | 1.11M | 772.19K | 954.85K | 1.28M | 1.44M | 860.53K |
| Total Current Assets | 129.76M | 51.32M | 70.01M | 33.35M | 24.56M | 48.73M |
| Property, Plant & Equipment | 155.16M | 144.57M | 122.79M | 110.57M | 89.82M | 66.76M |
| Total Assets | 284.92M | 195.89M | 192.79M | 143.92M | 114.38M | 115.49M |
| Accounts Payable | 3.76M | 2.43M | 3.12M | 4.28M | 4.22M | 2.23M |
| Current Portion of Leases | 360.21K | 172.11K | 33.41K | 185.51K | 245.67K | 171.17K |
| Current Unearned Revenue | 759.52K | |||||
| Total Current Liabilities | 4.12M | 2.61M | 3.16M | 4.46M | 4.47M | 3.16M |
| Long-Term Leases | 1.10M | 64.88K | 27.23K | 12.30K | 172.31K | 262.15K |
| Total Liabilities | 5.22M | 2.67M | 3.18M | 4.47M | 4.64M | 3.42M |
| Common Stock | 369.16M | 279.56M | 272.54M | 216.29M | 183.54M | 183.19M |
| Additional Paid-In Capital | 39.72M | 38.63M | 38.92M | 38.08M | 37.79M | 35.47M |
| Retained Earnings | -129.18M | -124.97M | -121.85M | -114.93M | -111.59M | -106.60M |
| Shareholders' Equity | 279.69M | 193.22M | 189.61M | 139.44M | 109.74M | 112.07M |
| Total Liabilities & Equity | 284.92M | 195.89M | 192.79M | 143.92M | 114.38M | 115.49M |
| Total Debt | 1.46M | 236.99K | 60.64K | 197.81K | 417.98K | 433.32K |
| Net Cash (Debt) | 127.19M | 50.31M | 68.99M | 31.87M | 22.70M | 47.43M |
| Net Cash Per Share | 0.61 | 0.25 | 0.37 | 0.20 | 0.15 | 0.33 |
| Filing Date Shares Outstanding | 226.18M | 225.63M | 200.00M | 168.89M | 152.86M | 151.45M |
| Total Common Shares Outstanding | 225.84M | 202.34M | 198.39M | 166.09M | 151.60M | 151.43M |
| Working Capital | 125.64M | 48.71M | 66.85M | 28.89M | 20.09M | 45.57M |
| Book Value Per Share | 1.24 | 0.95 | 0.96 | 0.84 | 0.72 | 0.74 |
| Tangible Book Value | 279.69M | 193.22M | 189.61M | 139.44M | 109.74M | 112.07M |
| Tangible Book Value Per Share | 1.24 | 0.95 | 0.96 | 0.84 | 0.72 | 0.74 |
| Leasehold Improvements | 279.54K |
Cash flow statement
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.07M | -3.12M | -6.92M | -3.34M | -4.99M | -3.71M |
| Depreciation & Amortization | 178.65K | 97.56K | 157.66K | 206.90K | 167.89K | 103.26K |
| Loss (Gain) From Sale of Investments | -702.15K | -2.38M | -48.32K | -620.80K | 694.32K | -367.44K |
| Stock-Based Compensation | 3.45M | 2.27M | 2.45M | 1.08M | 1.55M | 1.24M |
| Other Operating Activities | 30.91K | -63.54K | 8.30K | 25.50K | -721.83K | -871.66K |
| Change in Accounts Payable | -921.56K | -921.56K | 860.82K | -185.44K | 326.43K | -217.55K |
| Change in Other Net Operating Assets | 1.61M | 748.86K | -1.24M | 293.21K | -364.69K | -47.44K |
| Operating Cash Flow | -2.42M | -3.37M | -4.73M | -2.54M | -3.34M | -3.87M |
| Capital Expenditures | -19.73M | -20.56M | -13.82M | -19.90M | -20.93M | -11.40M |
| Investment in Securities | -27.76M | 28.14M | -47.50M | 16.00M | -5.00M | -16.00M |
| Investing Cash Flow | -47.49M | 7.58M | -61.32M | -3.90M | -25.93M | -27.40M |
| Long-Term Debt Repaid | -109.70K | -188.17K | -245.67K | -209.06K | -108.61K | |
| Lease Payments | -203.26K | -109.70K | -188.17K | -245.67K | -209.06K | -108.61K |
| Net Debt Issued (Repaid) | 91.80M | -109.70K | -188.17K | -245.67K | -209.06K | -108.61K |
| Issuance of Common Stock | 2.78M | 2.68M | 57.75M | 31.62M | 133.16K | 34.98M |
| Other Financing Activities | -4.43M | 1.27M | -3.27M | -305.25K | -1.56M | |
| Financing Cash Flow | 90.15M | 3.84M | 54.29M | 31.07M | -75.90K | 33.31M |
| Net Cash Flow | 40.23M | 8.06M | -11.77M | 24.63M | -29.35M | 2.04M |
| Free Cash Flow | -22.15M | -23.92M | -18.55M | -22.44M | -24.27M | -15.27M |
| Free Cash Flow Per Share | -0.10 | -0.12 | -0.10 | -0.14 | -0.16 | -0.11 |
| Levered Free Cash Flow | -22.70M | -22.63M | -17.39M | -20.60M | -20.62M | -11.01M |
| Unlevered Free Cash Flow | -22.70M | -22.63M | -17.39M | -20.60M | -20.62M | -11.01M |
| Free Cash Flow After Leases | -22.36M | -24.03M | -18.74M | -22.68M | -24.48M | -15.38M |
| Change in Working Capital | 685.32K | -172.70K | -378.31K | 107.77K | -38.26K | -264.99K |
Ratios
Fiscal year January - December; amounts in CAD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 354.84M | 540.83M | 208.04M | 220.09M | 269.95M | 239.32M |
| Enterprise Value | 263.68M | 500.11M | 156.01M | 195.27M | 248.33M | 198.40M |
| Last Close Price | 1.58 | 2.67 | 1.05 | 1.33 | 1.78 | 1.56 |
| PB Ratio | 1.82 | 3.84 | 1.58 | 2.08 | 3.33 | 2.70 |
| P/TBV Ratio | 1.82 | 3.84 | 1.58 | 2.08 | 3.33 | 2.70 |
| Debt / Equity Ratio | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Debt / Equity Ratio | -0.46 | -0.26 | -0.36 | -0.23 | -0.21 | -0.42 |
| Net Debt / EBITDA Ratio | 16.91 | 7.94 | 8.21 | 8.26 | 5.21 | 11.81 |
| Net Debt / FCF Ratio | 5.74 | 2.10 | 3.72 | 1.42 | 0.94 | 3.11 |
| Quick Ratio | 31.21 | 19.39 | 21.88 | 7.19 | 5.17 | 15.15 |
| Current Ratio | 31.48 | 19.69 | 22.18 | 7.47 | 5.50 | 15.42 |
| Return on Equity (ROE) | -2.57% | -1.63% | -4.21% | -2.68% | -4.50% | -3.81% |
| Return on Assets (ROA) | -2.00% | -2.07% | -3.18% | -1.97% | -2.46% | -2.58% |
| Return on Capital Employed (ROCE) | -2.70% | -3.30% | -4.50% | -2.90% | -4.10% | -3.70% |
| Earnings Yield | -1.32% | -0.42% | -2.31% | -1.15% | -1.37% | -1.23% |
| FCF Yield | -4.42% | -3.23% | -6.20% | -7.72% | -6.64% | -5.04% |
| Buyback Yield / Dilution | -5.61% | -6.80% | -17.62% | -5.43% | -5.04% | -25.53% |