Western Copper And Stock Current Asset
| WRN Stock | CAD 1.50 0.04 2.74% |
Western Copper and fundamentals help investors to digest information that contributes to Western Copper's financial success or failures. It also enables traders to predict the movement of Western Stock. The fundamental analysis module provides a way to measure Western Copper's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Western Copper stock.
At this time, Western Copper's Non Current Assets Total are very stable compared to the past year. As of the 1st of February 2025, Other Current Assets is likely to grow to about 1.5 M, while Total Current Assets are likely to drop about 22.2 M. Western | Current Asset |
Western Copper and Company Current Asset Analysis
Western Copper's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Western Copper Current Asset | 10.7 M |
Most of Western Copper's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Western Copper and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Western Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Western Copper is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Current Asset. Since Western Copper's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Western Copper's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Western Copper's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Western Total Assets
Total Assets |
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In accordance with the recently published financial statements, Western Copper and has a Current Asset of 10.7 M. This is 99.8% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current asset for all Canada stocks is 99.89% higher than that of the company.
Western Copper Current Valuation Drivers
We derive many important indicators used in calculating different scores of Western Copper from analyzing Western Copper's financial statements. These drivers represent accounts that assess Western Copper's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Western Copper's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 111.5M | 180.4M | 365.2M | 279.6M | 251.6M | 264.2M | |
| Enterprise Value | 109.9M | 151.8M | 364.3M | 253.8M | 228.4M | 239.9M |
Western Fundamentals
| Return On Equity | -0.0361 | ||||
| Return On Asset | -0.0283 | ||||
| Current Valuation | 214.57 M | ||||
| Shares Outstanding | 198.23 M | ||||
| Shares Owned By Insiders | 16.27 % | ||||
| Shares Owned By Institutions | 22.46 % | ||||
| Number Of Shares Shorted | 2.16 M | ||||
| Price To Earning | (50.37) X | ||||
| Price To Book | 1.52 X | ||||
| EBITDA | (3.13 M) | ||||
| Net Income | (3.34 M) | ||||
| Cash And Equivalents | 1.34 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 197.81 K | ||||
| Current Ratio | 8.59 X | ||||
| Book Value Per Share | 0.96 X | ||||
| Cash Flow From Operations | (2.54 M) | ||||
| Short Ratio | 17.34 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 3.75 | ||||
| Number Of Employees | 13 | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 297.35 M | ||||
| Total Asset | 143.92 M | ||||
| Retained Earnings | (114.93 M) | ||||
| Working Capital | 28.89 M | ||||
| Current Asset | 10.7 M | ||||
| Current Liabilities | 659.66 K | ||||
| Net Asset | 143.92 M |
About Western Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Copper and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Copper and based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Western Copper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Western Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Western Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Western Stock
Moving against Western Stock
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| 0.49 | PPL-PA | Pembina Pipeline Corp | PairCorr |
The ability to find closely correlated positions to Western Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Western Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Western Copper and to buy it.
The correlation of Western Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Western Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Copper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Western Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Copper and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.