Western Copper and Gold Corp
Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. It explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property located in Yukon, Canada. The company was formerly known as Western Copper Corp. and changed its name to Western Copper and Gold Corporatio… Read more
Western Copper and Gold Corp (WRN) - Net Assets
Latest net assets as of September 2025: $192.81 Million USD
Based on the latest financial reports, Western Copper and Gold Corp (WRN) has net assets worth $192.81 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($198.29 Million) and total liabilities ($5.48 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $192.81 Million |
| % of Total Assets | 97.24% |
| Annual Growth Rate | 20.99% |
| 5-Year Change | 129.48% |
| 10-Year Change | 308.38% |
| Growth Volatility | 329.01 |
Western Copper and Gold Corp - Net Assets Trend (2004–2024)
This chart illustrates how Western Copper and Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Western Copper and Gold Corp (2004–2024)
The table below shows the annual net assets of Western Copper and Gold Corp from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $189.61 Million | +35.98% |
| 2023-12-31 | $139.44 Million | +27.07% |
| 2022-12-31 | $109.74 Million | -2.07% |
| 2021-12-31 | $112.07 Million | +35.63% |
| 2020-12-31 | $82.63 Million | +65.27% |
| 2019-12-31 | $50.00 Million | +8.01% |
| 2018-12-31 | $46.29 Million | +3.93% |
| 2017-12-31 | $44.54 Million | -1.85% |
| 2016-12-31 | $45.38 Million | -2.27% |
| 2015-12-31 | $46.43 Million | -3.79% |
| 2014-12-31 | $48.26 Million | -2.43% |
| 2013-12-31 | $49.46 Million | -1.10% |
| 2012-12-31 | $50.01 Million | -1.79% |
| 2011-12-31 | $50.92 Million | -45.98% |
| 2010-12-31 | $94.26 Million | +23.84% |
| 2009-12-31 | $76.12 Million | +11.20% |
| 2008-12-31 | $68.45 Million | -2.12% |
| 2007-12-31 | $69.94 Million | -2.26% |
| 2006-12-31 | $71.56 Million | +1514.27% |
| 2005-12-31 | $4.43 Million | +5.64% |
| 2004-12-31 | $4.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Western Copper and Gold Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 10464374600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $272.54 Million | 143.74% |
| Other Components | $38.92 Million | 20.52% |
| Total Equity | $189.61 Million | 100.00% |
Western Copper and Gold Corp Competitors by Market Cap
The table below lists competitors of Western Copper and Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pantheon Resources Plc
OTCQX:PTHRF
|
$473.51 Million |
|
Praise Victor Industrial Co., Ltd.
TWO:7768
|
$473.55 Million |
|
Shanghai Geoharbour Construction Group Co Ltd
SHG:605598
|
$473.57 Million |
|
HDC Holdings Co Ltd
KO:012630
|
$473.78 Million |
|
Dakota Gold Corp.
NYSE MKT:DC
|
$472.97 Million |
|
Scientex Bhd
KLSE:4731
|
$472.96 Million |
|
Peoples Fin
NASDAQ:PFIS
|
$472.90 Million |
|
Ral Yatirim Holding AS
IS:RALYH
|
$472.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Copper and Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 139,444,250 to 189,610,252, a change of 50,166,002 (36.0%).
- Net loss of 6,921,830 reduced equity.
- New share issuances of 54,282,153 increased equity.
- Other factors increased equity by 2,805,679.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.92 Million | -3.65% |
| Share Issuances | $54.28 Million | +28.63% |
| Other Changes | $2.81 Million | +1.48% |
| Total Change | $- | 35.98% |
Book Value vs Market Value Analysis
This analysis compares Western Copper and Gold Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 32.04x to 2.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.09 | $2.73 | x |
| 2005-12-31 | $0.09 | $2.73 | x |
| 2006-12-31 | $1.36 | $2.73 | x |
| 2007-12-31 | $0.96 | $2.73 | x |
| 2008-12-31 | $0.94 | $2.73 | x |
| 2009-12-31 | $1.02 | $2.73 | x |
| 2010-12-31 | $1.16 | $2.73 | x |
| 2011-12-31 | $0.55 | $2.73 | x |
| 2012-12-31 | $0.54 | $2.73 | x |
| 2013-12-31 | $0.53 | $2.73 | x |
| 2014-12-31 | $0.51 | $2.73 | x |
| 2015-12-31 | $0.49 | $2.73 | x |
| 2016-12-31 | $0.48 | $2.73 | x |
| 2017-12-31 | $0.46 | $2.73 | x |
| 2018-12-31 | $0.46 | $2.73 | x |
| 2019-12-31 | $0.48 | $2.73 | x |
| 2020-12-31 | $0.72 | $2.73 | x |
| 2021-12-31 | $0.78 | $2.73 | x |
| 2022-12-31 | $0.72 | $2.73 | x |
| 2023-12-31 | $0.87 | $2.73 | x |
| 2024-12-31 | $1.01 | $2.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Copper and Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-3.65%) is above the historical average (-6.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -5.92% | 0.00% | 0.00x | 1.02x | $-668.08K |
| 2005 | -8.15% | 0.00% | 0.00x | 1.02x | $-804.70K |
| 2006 | -4.53% | 0.00% | 0.00x | 1.17x | $-10.40 Million |
| 2007 | -4.61% | 0.00% | 0.00x | 1.16x | $-10.22 Million |
| 2008 | -3.15% | 0.00% | 0.00x | 1.16x | $-9.00 Million |
| 2009 | -2.44% | 0.00% | 0.00x | 1.14x | $-9.47 Million |
| 2010 | -2.95% | 0.00% | 0.00x | 1.03x | $-12.20 Million |
| 2011 | -43.21% | 0.00% | 0.00x | 1.02x | $-27.10 Million |
| 2012 | -7.82% | 0.00% | 0.00x | 1.03x | $-8.91 Million |
| 2013 | -2.76% | 0.00% | 0.00x | 1.03x | $-6.31 Million |
| 2014 | -3.96% | 0.00% | 0.00x | 1.03x | $-6.74 Million |
| 2015 | -4.56% | 0.00% | 0.00x | 1.01x | $-6.76 Million |
| 2016 | -4.60% | 0.00% | 0.00x | 1.02x | $-6.63 Million |
| 2017 | -5.98% | 0.00% | 0.00x | 1.02x | $-7.12 Million |
| 2018 | -6.17% | 0.00% | 0.00x | 1.01x | $-7.48 Million |
| 2019 | -3.61% | 0.00% | 0.00x | 1.01x | $-6.80 Million |
| 2020 | -1.75% | 0.00% | 0.00x | 1.01x | $-9.71 Million |
| 2021 | -3.31% | 0.00% | 0.00x | 1.03x | $-14.92 Million |
| 2022 | -4.55% | 0.00% | 0.00x | 1.04x | $-15.97 Million |
| 2023 | -2.39% | 0.00% | 0.00x | 1.03x | $-17.28 Million |
| 2024 | -3.65% | 0.00% | 0.00x | 1.02x | $-25.88 Million |
Industry Comparison
This section compares Western Copper and Gold Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Copper and Gold Corp (WRN) | $192.81 Million | -5.92% | 0.03x | $473.48 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |