Western Magnesium has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Western Magnesium are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States. 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. The company has 451.08 M outstanding shares. More on Western Magnesium
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Western Magnesium [MLYF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Micro-Cap' category with a current market capitalization of 41.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Magnesium's market, we take the total number of its shares issued and multiply it by Western Magnesium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Western Magnesium conducts business under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 451.08 M outstanding shares.
Western Magnesium currently holds about 16.7 K in cash with (6.37 M) of positive cash flow from operations.
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Western Magnesium financial ratios help investors to determine whether Western Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Magnesium security.