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WMG.V Western Magnesium Corporation
V CAD Basic Materials
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- Market cap
- 50M
- P/E ratio
- Not available
- Analyst target
- Not available
- Dividend yield
- Not available
- Beta
- 0.45
Profile
Company facts
- Exchange
- V
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- ISIN
- US95855T1025
- Market cap
- 50M
- P/E ratio
- Not available
- Analyst target
- Not available
- Dividend yield
- Not available
- Beta
- 0.45
About
About Western Magnesium Corporation
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.
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Investor discussion
1 comment
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5 years, 5 months ago
Western Magnesium Corporation is currently in a long term uptrend where the price is trading 53.6% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Western Magnesium Corporation's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 21.6% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 14.2% to $-1M since the same quarter in the previous year.
Based on the above factors, Western Magnesium Corporation gets an overall score of 2/5.