Wescan Energy Corp Stock Today

WCE Stock  CAD 0.09  0.02  18.18%   

Performance

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Odds Of Distress

Over 88

 
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WesCan Energy is selling for under 0.09 as of the 27th of November 2024; that is 18.18% down since the beginning of the trading day. The stock's lowest day price was 0.09. WesCan Energy 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 WesCan Energy Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Energy
WesCan Energy Corp., a junior public resource company, explores for, develops, and produces oil and gas properties in Alberta, Canada and Texas, the United States. WesCan Energy Corp. was incorporated in 1993 and is based in Calgary, Canada. WESCAN ENERGY is traded on Commodity Exchange in Exotistan.. The company has 44.62 M outstanding shares of which 609 shares are at this time shorted by private and institutional investors with about 0.02 days to cover all short positions. More on WesCan Energy Corp

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WesCan Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WesCan Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WesCan Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOGreg Busby
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
WesCan Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to WesCan Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
WesCan Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand WesCan Energy's financial leverage. It provides some insight into what part of WesCan Energy's total assets is financed by creditors.
Liquidity
WesCan Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. WesCan Energy Corp has accumulated 1.77 M in total debt with debt to equity ratio (D/E) of 0.77, which is about average as compared to similar companies. WesCan Energy Corp has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist WesCan Energy until it has trouble settling it off, either with new capital or with free cash flow. So, WesCan Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WesCan Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WesCan to invest in growth at high rates of return. When we think about WesCan Energy's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

404,907
WesCan Energy Corp (WCE) is traded on TSX Venture Exchange in Canada and employs 8 people. WesCan Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WesCan Energy's market, we take the total number of its shares issued and multiply it by WesCan Energy'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. WesCan Energy Corp classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 44.62 M outstanding shares of which 609 shares are at this time shorted by private and institutional investors with about 0.02 days to cover all short positions. WesCan Energy Corp has accumulated about 289.23 K in cash with (270.54 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check WesCan Energy Probability Of Bankruptcy
Ownership Allocation
WesCan Energy Corp retains a total of 44.62 Million outstanding shares. WesCan Energy Corp owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check WesCan Ownership Details

WesCan Energy Corp Risk Profiles

Although WesCan Energy's alpha and beta are two of the key measurements used to evaluate WesCan Energy's performance over the market, the standard measures of volatility play an important role as well.

WesCan Stock Against Markets

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WesCan Energy Corporate Management

Elected by the shareholders, the WesCan Energy's board of directors comprises two types of representatives: WesCan Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WesCan. The board's role is to monitor WesCan Energy's management team and ensure that shareholders' interests are well served. WesCan Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WesCan Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for WesCan Stock Analysis

When running WesCan Energy's price analysis, check to measure WesCan Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WesCan Energy is operating at the current time. Most of WesCan Energy's value examination focuses on studying past and present price action to predict the probability of WesCan Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WesCan Energy's price. Additionally, you may evaluate how the addition of WesCan Energy to your portfolios can decrease your overall portfolio volatility.