WASECO RESOURCES INC chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share 0.00
Dividend & YieldN/AC$ (N/A)
Beta 1.31
Market capitalization 1.25M
Operating cash flow -49.57k
ESG Scores unknown

Company description

Waseco Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties. It mainly explores for gold deposit. The company holds interest in the Battle Mountain Ridge project with 29 claims located in Lander County, Nevada. It also holds interests in exploration prospects located in Quebec, Canada; and holds 5% interest in a diamond exploration project located in the Attawapiskat region of Northern Ontario. Waseco Resources Inc. is based in Toronto, Canada.

Sector: Basic Materials - Industry: Other Precious Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2018-02-28 2019-02-28 2020-02-29 2021-02-28
Change To Liabilities -11.17k 116.58k -14.89k -68.34k
Total Cashflows From Investing Activities
Net Borrowings 93.08k 140.44k 35.87k 62.74k
Total Cash From Financing Activities 93.08k 140.44k 104.74k 58.87k
Change To Operating Activities 6.97k -22.86k 16.29k -612
Issuance Of Stock 70.5k 70.5k 70.5k
Net Income -150.93k -309.06k -101.58k 66.81k
Change In Cash -62.05k -4.11k 4.56k 41.22k
Effect Of Exchange Rate
Total Cash From Operating Activities -155.13k -144.55k -100.17k -17.65k
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities -1.64k -1.64k -1.64k -3.87k
Change To Netincome 70.8k 70.8k -15.51k -15.51k
Capital Expenditures

Income Statement 2018-02-28 2019-02-28 2020-02-29 2021-02-28
Research Development
Income Before Tax -150.93k -309.06k -101.58k 66.81k
Net Income -150.93k -309.06k -101.58k 66.81k
Selling General Administrative 80.17k 143.96k 28.1k 67.77k
Gross Profit 15.51k
Ebit -124.56k -295.52k -83.36k 90.6k
Operating Income -124.56k -295.52k -83.36k 90.6k
Interest Expense
Income Tax Expense
Total Revenue 15.51k
Cost Of Revenue
Total Other Income ExpenseNet -26.37k -13.54k -18.22k -23.79k
Net Income From Continuing Ops -150.93k -309.06k -101.58k 66.81k
Net Income Applicable To Common Shares -150.93k -309.06k -101.58k 66.81k

Balance Sheet Statement 2018-02-28 2019-02-28 2020-02-29 2021-02-28
Total Liabilities 671.95k 919.72k 940.91k 914.89k
Total Stockholder Equity -637.57k -875.83k -908.54k -841.73k
Other Current Liabilities 367.53k 357.64k 22.52k
Total Assets 34.39k 43.89k 32.37k 73.16k
Common Stock 6.31M 6.39M 6.47M 6.47M
Other Current Assets 22.52k
Retained Earnings -7.22M -7.34M -7.44M -7.38M
Treasury Stock 85.02k 1.97k
Cash 4.8k 693 5.26k 46.48k
Total Current Liabilities 649.23k 896.36k 559.7k 576.63k
Other Stockholder Equity 85.02k 1.97k
Property, Plant, and Equipment
Total Current Assets 11.67k 20.53k 8.8k 73.16k
Net Tangible Assets -637.57k -875.83k -908.54k -841.73k
Net Receivables 5.74k 19.84k 3.54k 4.15k
Accounts Payable 49.36k 165.94k 151.05k 82.71k


Insider Transactions

Here are the insider transactions of stock shares related to WASECO RESOURCES INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Williams (Richard David)Acquisition or disposition in the public market at price 0.03 per share.D2021-12-29Director of Issuer30k
Williams (Richard David)Acquisition or disposition in the public market at price 0.04 per share.D2021-07-30Director of Issuer8k
Williams (Richard David)Acquisition or disposition in the public market at price 0.04 per share.D2021-07-12Director of Issuer5k
Williams (Richard David)Acquisition or disposition in the public market at price 0.04 per share.D2021-05-27Director of Issuer50k

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 WASECO RESOURCES 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 WASECO RESOURCES INC

Here is the result of two systematic investment strategies applied to WASECO RESOURCES 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 WASECO RESOURCES INC

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

WASECO RESOURCES INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 9.54% on the backtest period.

Performance at glance

Performance

9.54 %

Latent gain

166.91 C$

Invested capital

1750.04 C$

Annualized return

2.15 %
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Momentum strategy results on WASECO RESOURCES INC

This is the result of two momentum investment strategies applied to WASECO RESOURCES 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 WASECO RESOURCES INC

The following chart shows all the entries opened by the momentum investment system on WASECO RESOURCES INC:

WASECO RESOURCES INC momentum entries
  • The first momentum investment strategy would give 29.21% of return on WASECO RESOURCES INC. That represents 2044.55C$ of latent gain with 7000.0C$ of employed capital.
  • The second momentum investment strategy would give 37.89% of return on WASECO RESOURCES INC. That represents 1799.58C$ of latent gain with 4749.92C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

29.21 %

Latent gain

2044.55 C$

Invested capital

7000.0 C$

Annualized return

22.77 %
Performance at glance (2Q Momentum)

Performance

37.89 %

Latent gain

1799.58 C$

Invested capital

4749.92 C$

Annualized return

9.57 %

Momentum equity curve on WASECO RESOURCES INC

The following chart shows the equity curve of the two momentum strategies applied to WASECO RESOURCES INC:

WASECO RESOURCES INC momentum equity

Note: the dividends potentially given by WASECO RESOURCES 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 WASECO RESOURCES INC

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

WASECO RESOURCES 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 WASECO RESOURCES INC

Buy the dip entry openings on WASECO RESOURCES INC

WASECO RESOURCES INC

The performance achieved by the robo-advisor on WASECO RESOURCES INC is 55.56%. That represents 833.32$ of latent gain with 1499.98C$ of employed capital. The following chart shows WASECO RESOURCES INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of WASECO RESOURCES 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

55.56 %

Latent gain

833.32 C$

Invested capital

1499.98 C$

Annualized return

22.77 %

Equity curve of the strategy applied to WASECO RESOURCES INC

The following chart shows the result of the investment strategy applied to WASECO RESOURCES INC:

WASECO RESOURCES INC

Note: the dividends potentially given by WASECO RESOURCES 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 WASECO RESOURCES INC

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

WASECO RESOURCES 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 WASECO RESOURCES INC

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

Equity curve comparison on WASECO RESOURCES INC

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

WASECO RESOURCES INC investment strategy comparison

Employed capital comparison on WASECO RESOURCES INC

WASECO RESOURCES INC investment comparison

Performance comparison on WASECO RESOURCES INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 9.54% 166.91C$ 1750.04C$ 2.15%
Momentum 1 quarter 29.21% 2044.55C$ 7000.0C$ 6.95%
Momentum 2 quarters 37.89% 1799.58C$ 4749.92C$ 9.57%
Non-directional 55.56% 833.32C$ 1499.98C$ 22.77%
Annualized return comparison

Automatic investment

2.15 %

Momentum 1Q

9.57 %

Momentum 2Q

9.57 %

Non-directional

22.77 %

Correlated stocks

Here are the most positively and negatively correlated stocks with WASECO RESOURCES 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 WASECO RESOURCES INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of WASECO RESOURCES INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name WASECO RESOURCES INC
Country Canada
City Toronto
Address 2 Queen Street East
Phone
Website www.wasecoresources.com
FullTime employees
Industry Other Precious Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker WRI.XTSX
Market www.tsx.com

WASECO RESOURCES 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