WESCAN GOLDFIELDS INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta -0.18
Market capitalization 4.01M
Operating cash flow -57.98k
ESG Scores unknown

Company description

Wescan Goldfields Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It holds 100% interests in the Jojay gold property comprising five claim blocks covering an area of 1,496 hectares; the Munro Lake gold property covering an area of 2,489 hectares; and the Fork Lake/Jasper/Tamar gold property covering an area of 6,513 hectares located to the northeast of La Ronge, Saskatchewan. The company was formerly known as Shore Resources Inc. and changed its name to Wescan Goldfields Inc. in April 2004. Wescan Goldfields Inc. was incorporated in 2003 and is based in Saskatoon, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 3.93k -4.33k 1.7k 4.96k
Total Cashflows From Investing Activities
Net Borrowings
Total Cash From Financing Activities 49k
Change To Operating Activities -32 566 566 -1.37k
Issuance Of Stock 50k
Net Income 41.49k -102k -58.56k -132.9k
Change In Cash -59.14k -107.59k -53.98k -57.98k
Effect Of Exchange Rate
Total Cash From Operating Activities -108.14k -107.59k -53.98k -57.98k
Depreciation 769 615 491 393
Change To Account Receivables -25 -1.88k 1.82k 229
Other Cashflows From Financing Activities -1k
Change To Netincome -154.27k 70.71k 70.71k 70.71k
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 41.49k -102k -58.56k -132.9k
Net Income 41.49k -102k -58.56k -132.9k
Selling General Administrative 135.79k 54.33k 58.37k 132.9k
Gross Profit 11
Ebit -192.75k -102.32k -58.57k -132.9k
Operating Income -192.75k -102.32k -58.57k -132.9k
Interest Expense
Income Tax Expense
Total Revenue 11
Cost Of Revenue
Total Other Income ExpenseNet 234.24k 323 11
Net Income From Continuing Ops 41.49k -102k -58.56k -132.9k
Net Income Applicable To Common Shares 41.49k -102k -58.56k -132.9k

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 95.52k 91.18k 92.88k 97.84k
Total Stockholder Equity 131.32k 29.33k -29.23k -91.42k
Other Current Liabilities 20k 15.66k 17.36k 22.32k
Total Assets 226.84k 120.51k 63.65k 6.42k
Common Stock 20.69M 20.69M 20.69M 20.69M
Other Current Assets
Retained Earnings -23.08M -23.18M -23.24M -23.37M
Treasury Stock
Cash 222.91k 115.32k 61.34k 3.36k
Total Current Liabilities 20k 15.66k 17.36k 22.32k
Other Stockholder Equity
Property, Plant, and Equipment 3.06k 2.45k 1.96k 1.56k
Total Current Assets 223.78k 118.06k 61.69k 4.86k
Net Tangible Assets 131.32k 29.33k -29.23k -91.42k
Net Receivables 297 2.17k 353 124
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to WESCAN GOLDFIELDS INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MacNeill (Sharon)Acquisition or disposition carried out privately at price 0.06 per share.D2022-03-0710% Security Holder of Issuer714.29k
MacNeill (Thomas M)Acquisition or disposition carried out privately at price 0.06 per share.I2022-02-25Director or Senior Officer of 10% Security Holder1.43M
MacNeill (Thomas M)Acquisition or disposition in the public market at price 0.05 per share.I2021-12-10Director or Senior Officer of 10% Security Holder26k
MacNeill (Thomas M)Acquisition or disposition in the public market at price 0.05 per share.I2021-11-26Director or Senior Officer of 10% Security Holder30k
MacNeill (Thomas M)Acquisition or disposition in the public market at price 0.05 per share.I2021-11-25Director or Senior Officer of 10% Security Holder1k
MacNeill (Thomas M)Acquisition or disposition in the public market at price 0.05 per share.I2021-11-24Director or Senior Officer of 10% Security Holder73k
MacNeill (Thomas M)Acquisition or disposition in the public market at price 0.05 per share.I2021-11-23Director or Senior Officer of 10% Security Holder20k
MacNeill (Thomas M)Acquisition or disposition in the public market at price 0.05 per share.I2021-09-29Director or Senior Officer of 10% Security Holder1k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to WESCAN GOLDFIELDS INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on WESCAN GOLDFIELDS INC

Here is the result of two systematic investment strategies applied to WESCAN GOLDFIELDS INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on WESCAN GOLDFIELDS INC

The following chart shows the equity curve of the two systematic investment strategies applied to WESCAN GOLDFIELDS INC:

WESCAN GOLDFIELDS INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 79.32% on the backtest period.

Performance at glance

Performance

79.32 %

Latent gain

1586.28 C$

Invested capital

1999.92 C$

Annualized return

17.63 %
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Momentum strategy results on WESCAN GOLDFIELDS INC

This is the result of two momentum investment strategies applied to WESCAN GOLDFIELDS INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on WESCAN GOLDFIELDS INC

The following chart shows all the entries opened by the momentum investment system on WESCAN GOLDFIELDS INC:

WESCAN GOLDFIELDS INC momentum entries
  • The first momentum investment strategy would give 102.18% of return on WESCAN GOLDFIELDS INC. That represents 8685.02C$ of latent gain with 8500.09C$ of employed capital.
  • The second momentum investment strategy would give 111.75% of return on WESCAN GOLDFIELDS INC. That represents 6705.09C$ of latent gain with 6000.01C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

102.18 %

Latent gain

8685.02 C$

Invested capital

8500.09 C$

Annualized return

42.04 %
Performance at glance (2Q Momentum)

Performance

111.75 %

Latent gain

6705.09 C$

Invested capital

6000.01 C$

Annualized return

27.8 %

Momentum equity curve on WESCAN GOLDFIELDS INC

The following chart shows the equity curve of the two momentum strategies applied to WESCAN GOLDFIELDS INC:

WESCAN GOLDFIELDS INC momentum equity

Note: the dividends potentially given by WESCAN GOLDFIELDS INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WESCAN GOLDFIELDS INC

The following chart shows the employed capital evolution of the two momentum strategies on WESCAN GOLDFIELDS INC since the beginning:

WESCAN GOLDFIELDS INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on WESCAN GOLDFIELDS INC

Buy the dip entry openings on WESCAN GOLDFIELDS INC

WESCAN GOLDFIELDS INC

The performance achieved by the robo-advisor on WESCAN GOLDFIELDS INC is 105.1%. That represents 1839.26$ of latent gain with 1749.94C$ of employed capital. The following chart shows WESCAN GOLDFIELDS INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of WESCAN GOLDFIELDS INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

105.1 %

Latent gain

1839.26 C$

Invested capital

1749.94 C$

Annualized return

42.04 %

Equity curve of the strategy applied to WESCAN GOLDFIELDS INC

The following chart shows the result of the investment strategy applied to WESCAN GOLDFIELDS INC:

WESCAN GOLDFIELDS INC

Note: the dividends potentially given by WESCAN GOLDFIELDS INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WESCAN GOLDFIELDS INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on WESCAN GOLDFIELDS INC:

WESCAN GOLDFIELDS INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on WESCAN GOLDFIELDS INC

In this section, I will compare the three previous investment strategies applied to WESCAN GOLDFIELDS INC.

Equity curve comparison on WESCAN GOLDFIELDS INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

WESCAN GOLDFIELDS INC investment strategy comparison

Employed capital comparison on WESCAN GOLDFIELDS INC

WESCAN GOLDFIELDS INC investment comparison

Performance comparison on WESCAN GOLDFIELDS INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 79.32% 1586.28C$ 1999.92C$ 17.63%
Momentum 1 quarter 102.18% 8685.02C$ 8500.09C$ 23.99%
Momentum 2 quarters 111.75% 6705.09C$ 6000.01C$ 27.8%
Non-directional 105.1% 1839.26C$ 1749.94C$ 42.04%
Annualized return comparison

Automatic investment

17.63 %

Momentum 1Q

27.8 %

Momentum 2Q

27.8 %

Non-directional

42.04 %

Correlated stocks

Here are the most positively and negatively correlated stocks with WESCAN GOLDFIELDS INC:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between WESCAN GOLDFIELDS INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of WESCAN GOLDFIELDS INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name WESCAN GOLDFIELDS INC
Country Canada
City Saskatoon
Address 600-224 4th Avenue South
Phone 306 664 2202
Website www.wescangoldfields.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker WGF.XTSX
Market www.tsx.com

WESCAN GOLDFIELDS INC ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown