Western Copper and Gold Corp (WRN) - Net Assets
Based on the latest financial reports, Western Copper and Gold Corp (WRN) has net assets worth CA$192.81 Million CAD (≈ $139.48 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 (CA$198.29 Million ≈ $143.44 Million USD) and total liabilities (CA$5.48 Million ≈ $3.96 Million USD). 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. Check Western Copper and Gold Corp (WRN) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$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 | 329.0 |
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. Also explore WRN total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Western Copper and Gold Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$189.61 Million ≈ $137.16 Million |
+35.98% |
| 2023-12-31 | CA$139.44 Million ≈ $100.87 Million |
+27.07% |
| 2022-12-31 | CA$109.74 Million ≈ $79.39 Million |
-2.07% |
| 2021-12-31 | CA$112.07 Million ≈ $81.07 Million |
+35.63% |
| 2020-12-31 | CA$82.63 Million ≈ $59.77 Million |
+65.27% |
| 2019-12-31 | CA$50.00 Million ≈ $36.17 Million |
+8.01% |
| 2018-12-31 | CA$46.29 Million ≈ $33.48 Million |
+3.93% |
| 2017-12-31 | CA$44.54 Million ≈ $32.22 Million |
-1.85% |
| 2016-12-31 | CA$45.38 Million ≈ $32.83 Million |
-2.27% |
| 2015-12-31 | CA$46.43 Million ≈ $33.59 Million |
-3.79% |
| 2014-12-31 | CA$48.26 Million ≈ $34.91 Million |
-2.43% |
| 2013-12-31 | CA$49.46 Million ≈ $35.78 Million |
-1.10% |
| 2012-12-31 | CA$50.01 Million ≈ $36.18 Million |
-1.79% |
| 2011-12-31 | CA$50.92 Million ≈ $36.84 Million |
-46.77% |
| 2010-12-31 | CA$95.66 Million ≈ $69.20 Million |
+25.68% |
| 2009-12-31 | CA$76.12 Million ≈ $55.06 Million |
+11.20% |
| 2008-12-31 | CA$68.45 Million ≈ $49.52 Million |
-2.12% |
| 2007-12-31 | CA$69.94 Million ≈ $50.59 Million |
-2.26% |
| 2006-12-31 | CA$71.56 Million ≈ $51.76 Million |
+1514.27% |
| 2005-12-31 | CA$4.43 Million ≈ $3.21 Million |
+5.64% |
| 2004-12-31 | CA$4.20 Million ≈ $3.04 Million |
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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 | CA$272.54 Million | 143.74% |
| Other Components | CA$38.92 Million | 20.52% |
| Total Equity | CA$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 |
|---|---|
|
ECN Capital Corp
TO:ECN
|
$631.79 Million |
|
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
SHG:688323
|
$631.89 Million |
|
Kim Loong Resources Bhd
KLSE:5027
|
$632.15 Million |
|
LandOcean Energy Services Co
SHE:300157
|
$632.16 Million |
|
Stingray Group Inc
TO:RAY-A
|
$631.50 Million |
|
Beijing Mainstreets Investment
SHE:000609
|
$631.48 Million |
|
Hainan RuiZe New Building Material Co Ltd
SHE:002596
|
$631.41 Million |
|
Beijing Comens New Materials
SHE:300200
|
$631.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Copper and Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 139,444,250 to 189,610,252, a change of 50,166,002 (36.0%).
- Net loss of 6,921,830 reduced equity.
- Share repurchases of 57,747,150 reduced equity.
- New share issuances of 54,282,153 increased equity.
- Other factors increased equity by 60,552,829.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.92 Million | -3.65% |
| Share Repurchases | CA$57.75 Million | -30.46% |
| Share Issuances | CA$54.28 Million | +28.63% |
| Other Changes | CA$60.55 Million | +31.94% |
| Total Change | CA$- | 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: 3.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 45.42x to 3.84x 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 | CA$0.09 | CA$3.87 | x |
| 2005-12-31 | CA$0.09 | CA$3.87 | x |
| 2006-12-31 | CA$1.36 | CA$3.87 | x |
| 2007-12-31 | CA$0.96 | CA$3.87 | x |
| 2008-12-31 | CA$0.94 | CA$3.87 | x |
| 2009-12-31 | CA$1.02 | CA$3.87 | x |
| 2010-12-31 | CA$1.18 | CA$3.87 | x |
| 2011-12-31 | CA$0.55 | CA$3.87 | x |
| 2012-12-31 | CA$0.54 | CA$3.87 | x |
| 2013-12-31 | CA$0.53 | CA$3.87 | x |
| 2014-12-31 | CA$0.51 | CA$3.87 | x |
| 2015-12-31 | CA$0.49 | CA$3.87 | x |
| 2016-12-31 | CA$0.48 | CA$3.87 | x |
| 2017-12-31 | CA$0.46 | CA$3.87 | x |
| 2018-12-31 | CA$0.46 | CA$3.87 | x |
| 2019-12-31 | CA$0.48 | CA$3.87 | x |
| 2020-12-31 | CA$0.72 | CA$3.87 | x |
| 2021-12-31 | CA$0.78 | CA$3.87 | x |
| 2022-12-31 | CA$0.72 | CA$3.87 | x |
| 2023-12-31 | CA$0.87 | CA$3.87 | x |
| 2024-12-31 | CA$1.01 | CA$3.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Copper and Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-3.65%) is above the historical average (-6.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -5.92% | 0.00% | 0.00x | 1.02x | CA$-668.08K |
| 2005 | -8.15% | 0.00% | 0.00x | 1.02x | CA$-804.70K |
| 2006 | -4.53% | 0.00% | 0.00x | 1.17x | CA$-10.40 Million |
| 2007 | -4.61% | 0.00% | 0.00x | 1.16x | CA$-10.22 Million |
| 2008 | -3.15% | 0.00% | 0.00x | 1.16x | CA$-9.00 Million |
| 2009 | -2.44% | 0.00% | 0.00x | 1.14x | CA$-9.47 Million |
| 2010 | -2.90% | 0.00% | 0.00x | 1.14x | CA$-12.34 Million |
| 2011 | -43.21% | 0.00% | 0.00x | 1.02x | CA$-27.10 Million |
| 2012 | -7.82% | 0.00% | 0.00x | 1.03x | CA$-8.91 Million |
| 2013 | -2.76% | 0.00% | 0.00x | 1.03x | CA$-6.31 Million |
| 2014 | -3.96% | 0.00% | 0.00x | 1.03x | CA$-6.74 Million |
| 2015 | -4.56% | 0.00% | 0.00x | 1.01x | CA$-6.76 Million |
| 2016 | -4.60% | 0.00% | 0.00x | 1.02x | CA$-6.63 Million |
| 2017 | -5.98% | 0.00% | 0.00x | 1.02x | CA$-7.12 Million |
| 2018 | -6.17% | 0.00% | 0.00x | 1.01x | CA$-7.48 Million |
| 2019 | -2.26% | 0.00% | 0.00x | 1.01x | CA$-6.13 Million |
| 2020 | -0.91% | 0.00% | 0.00x | 1.01x | CA$-9.02 Million |
| 2021 | -2.81% | 0.00% | 0.00x | 1.03x | CA$-14.35 Million |
| 2022 | -4.61% | 0.00% | 0.00x | 1.04x | CA$-16.04 Million |
| 2023 | -2.39% | 0.00% | 0.00x | 1.03x | CA$-17.28 Million |
| 2024 | -3.65% | 0.00% | 0.00x | 1.02x | CA$-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: $2,951,711
- Average return on equity (ROE) among peers: -34.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Copper and Gold Corp (WRN) | CA$192.81 Million | -5.92% | 0.03x | $631.62 Million |
| Aftermath Silver Ltd (AAG) | $861.81K | -122.73% | 0.30x | $185.75 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $805.58K | -20.73% | 0.03x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $4.67 Million |
| Adex Mining Inc (ADE) | $11.96 Million | -14.72% | 0.26x | $27.09 Million |
| Alphamin Res (AFM) | $1.06 Million | -49.21% | 0.19x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $169.13K | -68.35% | 0.10x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $332.39 Million |
About 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