West Canyon Energy Stock Today
| WCYN Stock | USD 0.0002 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 62
|
West Canyon is selling at 2.0E-4 as of the 28th of November 2024; that is No Change since the beginning of the trading day. The stock's open price was 2.0E-4. West Canyon has more than 62 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for West Canyon Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Energy |
West Canyon Energy Corp., an exploration stage company, engages in the exploration and production of oil and gas properties in Colombia. West Canyon Energy Corp. was founded in 2004 and is based in Houston, Texas. West Canyon operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. The company has 22.21 M outstanding shares. More on West Canyon Energy
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West Stock Highlights
| Chairman | Shane Reeves |
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) |
West Canyon Energy (WCYN) is traded on OTCCE Exchange in USA and employs 1 people. West Canyon 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 111.03 K. West Canyon Energy conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 22.21 M outstanding shares.
West Canyon Energy currently holds about 1.74 K in cash with (273.2 K) of positive cash flow from operations.
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Ownership AllocationWest Canyon Energy retains a total of 22.21 Million outstanding shares. Roughly 92.98 (%) of West Canyon outstanding shares are held by general public with 7.02 percent by institutional investors. 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.
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The danger of trading West Canyon Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of West Canyon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than West Canyon. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile West Canyon Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether West Canyon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of West Canyon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of West Canyon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on West Canyon Energy Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Canyon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Canyon. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Canyon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (1.33) |
The market value of West Canyon Energy is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Canyon's value that differs from its market value or its book value, called intrinsic value, which is West Canyon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Canyon's market value can be influenced by many factors that don't directly affect West Canyon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between West Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Canyon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.