Western Copper & Gold Corp
WRN · Metal Mining · EDGAR filings ↗
Grade
C62Pre-revenue copper-gold development-stage explorer with a fortress balance sheet but no earnings.
Strengths
- Exceptional liquidity: current/quick ratio ~19.7 (98th pct) and cash runway 26 quarters (100th pct)
- Only modest losses; ROA -1.6% screens at 83rd pct for the sector
Risks
- No revenue or production — single-asset development play with binary permitting/financing risk
- Negative FCF and net income growth -53% (24th pct); value hinges on future capital raises
Notable findings
- Cash burnNegative free cash flow (-2.5M)
Key metrics
Return on equity
-1.6%
Return on assets
-1.6%
Current ratio
19.7×
Free cash flow
-$2M
Tangible book value
$141M
Cash & investments
$16M
Cash runway
26q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-26 | 2025-12-31 | 0001062993-26-001628 ↗ |
| 40-F | 2025-03-20 | 2024-12-31 | 0001062993-25-005936 ↗ |
| 40-F | 2024-03-29 | 2023-12-31 | 0001062993-24-007392 ↗ |
| 40-F | 2023-03-23 | 2022-12-31 | 0001062993-23-007558 ↗ |
| 40-F | 2022-03-25 | 2021-12-31 | 0001062993-22-008578 ↗ |
| 40-F | 2021-03-29 | 2020-12-31 | 0001062993-21-003091 ↗ |
| 40-F | 2020-03-19 | 2019-12-31 | 0001062993-20-001421 ↗ |
| 40-F | 2019-03-14 | 2018-12-31 | 0001062993-19-001285 ↗ |
| 40-F | 2018-03-22 | 2017-12-31 | 0001062993-18-001314 ↗ |
| 40-F | 2017-03-23 | 2016-12-31 | 0001062993-17-001463 ↗ |
| 20-F | 2016-03-24 | 2015-12-31 | 0001062993-16-008492 ↗ |
| 40-F | 2015-03-27 | 2014-12-31 | 0001062993-15-001546 ↗ |