OTCQB
MLYF

Western Magnesium Corporation

Other Industrial Metals & Mining
Basic Materials

Prices are adjusted according to historical splits.

Western Magnesium Corporation Stock Price

Vitals

Today's Low:
$0.0001
Today's High:
$0.0001
Open Price:
$0.0001
52W Low:
$0
52W High:
$0.11
Prev. Close:
$0.0001
Volume:
10256

Company Statistics

Market Cap.:
$37.44 million
Book Value:
-0.004
Revenue TTM:
$0
Operating Margin TTM:
0%
Gross Profit TTM:
$-515518
Profit Margin:
0%
Return on Assets TTM:
-242.11%
Return on Equity TTM:
-3233.58%

Company Profile

Western Magnesium Corporation had its IPO on under the ticker symbol MLYF.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Western Magnesium Corporation has a staff strength of 30 employees.

Stock update

Shares of Western Magnesium Corporation opened at $0 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0 - $0, and closed at $0.

This is a 0% increase from the previous day's closing price.

A total volume of 10,256 shares were traded at the close of the day’s session.

In the last one week, shares of Western Magnesium Corporation have increased by 0%.

Western Magnesium Corporation's Key Ratios

Western Magnesium Corporation has a market cap of $37.44 million, indicating a price to book ratio of 46.2041 and a price to sales ratio of 0.

In the last 12-months Western Magnesium Corporation’s revenue was $0 with a gross profit of $-515518 and an EBITDA of $-19971682. The EBITDA ratio measures Western Magnesium Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Western Magnesium Corporation’s operating margin was 0% while its return on assets stood at -242.11% with a return of equity of -3233.58%.

In Q2.3333333333333, Western Magnesium Corporation’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Western Magnesium Corporation’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.08 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Western Magnesium Corporation’s profitability.

Western Magnesium Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -1.3134. Its price to sales ratio in the trailing 12-months stood at 0.

Western Magnesium Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$5.80 million
Total Liabilities
$7.44 million
Operating Cash Flow
$-650601.00
Capital Expenditure
$650601
Dividend Payout Ratio
0%

Western Magnesium Corporation ended 2024 with $5.80 million in total assets and $0 in total liabilities. Its intangible assets were valued at $5.80 million while shareholder equity stood at $-1838561.00.

Western Magnesium Corporation ended 2024 with $0 in deferred long-term liabilities, $7.44 million in other current liabilities, 41811321.00 in common stock, $-67190772.00 in retained earnings and $0 in goodwill. Its cash balance stood at $16700.00 and cash and short-term investments were $16700.00. The company’s total short-term debt was $2,202,774 while long-term debt stood at $0.

Western Magnesium Corporation’s total current assets stands at $798259.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $94696.00 compared to accounts payable of $3.43 million and inventory worth $0.

In 2024, Western Magnesium Corporation's operating cash flow was $-650601.00 while its capital expenditure stood at $650601.

Comparatively, Western Magnesium Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0
52-Week High
$0.11
52-Week Low
$0
Analyst Target Price
$

Western Magnesium Corporation stock is currently trading at $0 per share. It touched a 52-week high of $0.11 and a 52-week low of $0.11. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0 and 200-day moving average was $0.05 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 353% of the company’s stock are held by insiders while 6.6% are held by institutions.

Frequently Asked Questions About Western Magnesium Corporation

The stock symbol (also called stock or share ticker) of Western Magnesium Corporation is MLYF

The IPO of Western Magnesium Corporation took place on

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About

Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States. The company primarily explores for magnesium deposits. It holds a 100% interest in the Tami Mosi mining claim that consists of 81 unpatented mining claims covering an area of approximately 1,673 acres; four unpatented lode mining claims covering an area of approximately 10 acres located in the Moor Mining District in Elco County, Nevada; and the Silverado mining claim, which consists of three patented mining claims covering an area of approximately 296 acres located in the Pinto mining district of Nevada. The company was formerly known as Nevada Clean Magnesium Inc. and changed its name to Western Magnesium Corporation in May 2019. 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.

Address

8180 Greensboro Drive, McLean, VA, United States, 22102