Western Copper & Gold Corp
WRN NYSE Metal Mining Financials FY2016โFY2025
Revenue
Total sales reported in the income statement.
โ
vs prior year
Operating margin
Operating income as a share of revenue.
โ
Net income
Profit after all expenses, interest and tax.
โ$2.2M
Free cash flow
Cash from operations minus capital spending.
โ$2.4M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
โ
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
On $0.01 EPS (TTM)
What Western Copper & Gold Corp does
No business description yet.
- Legal name
- Western Copper & Gold Corp
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F ยท Mar 26, 2026
- Accession ยท CIK
- 0001062993-26-001628
0001364125
Revenue and margins
Western Copper & Gold Corp had โ of revenue in fiscal 2025.
FY16
Revenue โ
FY17
Revenue โ
FY18
Revenue โ
FY19
Revenue โ
FY20
Revenue โ
FY21
Revenue โ
FY22
Revenue โ
FY23
Revenue โ
FY24
Revenue โ
FY25
Revenue โ
FY16
Gross โ
Operating โ
Net โ
FCF โ
FY17
Gross โ
Operating โ
Net โ
FCF โ
FY18
Gross โ
Operating โ
Net โ
FCF โ
FY19
Gross โ
Operating โ
Net โ
FCF โ
FY20
Gross โ
Operating โ
Net โ
FCF โ
FY21
Gross โ
Operating โ
Net โ
FCF โ
FY22
Gross โ
Operating โ
Net โ
FCF โ
FY23
Gross โ
Operating โ
Net โ
FCF โ
FY24
Gross โ
Operating โ
Net โ
FCF โ
FY25
Gross โ
Operating โ
Net โ
FCF โ
Gross
Operating
Net
FCF
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew โ0.6% a year. Loss periods are shown in red.
FY16
Net income โ$1.6M
FY17
Net income โ$2.1M
FY18
Net income โ$2.2M
FY19
Net income โ$1.3M
FY20
Net income โ$1.5M
FY21
Net income โ$3.0M
FY22
Net income โ$3.8M
FY23
Net income โ$2.5M
FY24
Net income โ$5.1M
FY25
Net income โ$2.2M
FY16
Diluted EPS $0.02
FY17
Diluted EPS $0.02
FY18
Diluted EPS $0.02
FY19
Diluted EPS $0.02
FY20
Diluted EPS $0.01
FY21
Diluted EPS $0.02
FY22
Diluted EPS $0.02
FY23
Diluted EPS $0.01
FY24
Diluted EPS $0.03
FY25
Diluted EPS $0.01
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital โ
Return on equity โ4.7%
Return on assets โ4.6%
FY17
Return on capital โ
Return on equity โ5.9%
Return on assets โ5.8%
FY18
Return on capital โ
Return on equity โ6.3%
Return on assets โ6.3%
FY19
Return on capital โ
Return on equity โ3.7%
Return on assets โ3.6%
FY20
Return on capital โ
Return on equity โ2.9%
Return on assets โ2.9%
FY21
Return on capital โ
Return on equity โ3.9%
Return on assets โ3.8%
FY22
Return on capital โ
Return on equity โ4.5%
Return on assets โ4.4%
FY23
Return on capital โ
Return on equity โ2.7%
Return on assets โ2.6%
FY24
Return on capital โ
Return on equity โ4.3%
Return on assets โ4.2%
FY25
Return on capital โ
Return on equity โ1.6%
Return on assets โ1.6%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ$2.4M in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
FY16
Free cash flow โ
FY17
Free cash flow โ
FY18
Free cash flow โ
FY19
Free cash flow โ
FY20
Free cash flow โ
FY21
Free cash flow โ
FY22
Free cash flow โ
FY23
Free cash flow โ
FY24
Free cash flow โ$3.5M
FY25
Free cash flow โ$2.4M
FY16
Cash from operations โ$1.6M
Capital spending โ
FY17
Cash from operations โ$1.8M
Capital spending โ
FY18
Cash from operations โ$1.6M
Capital spending โ
FY19
Cash from operations โ$1.5M
Capital spending โ
FY20
Cash from operations โ$1.8M
Capital spending โ
FY21
Cash from operations โ$3.1M
Capital spending โ
FY22
Cash from operations โ$2.6M
Capital spending โ
FY23
Cash from operations โ$1.9M
Capital spending โ
FY24
Cash from operations โ$3.5M
Capital spending $0.0M
FY25
Cash from operations โ$2.4M
Capital spending $0.0M
Cash from operations
Capital spending
Dividends, buybacks and share count
Western Copper & Gold Corp returned โ to shareholders in fiscal 2025. The diluted share count rose 6.8%.
FY16
Dividends โ
Buybacks โ
FY17
Dividends โ
Buybacks โ
FY18
Dividends โ
Buybacks โ
FY19
Dividends โ
Buybacks โ
FY20
Dividends โ
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks โ
FY24
Dividends โ
Buybacks โ
FY25
Dividends โ
Buybacks โ
Dividends
Buybacks
FY16
Diluted shares 0.09B
FY17
Diluted shares 0.10B
FY18
Diluted shares 0.10B
FY19
Diluted shares 0.10B
FY20
Diluted shares 0.11B
FY21
Diluted shares 0.14B
FY22
Diluted shares 0.15B
FY23
Diluted shares 0.16B
FY24
Diluted shares 0.19B
FY25
Diluted shares 0.20B
Balance sheet
Cash, debt and the ratios that show how comfortably Western Copper & Gold Corp can carry it.
FY16
Cash $0.5M
Debt โ
FY17
Cash $0.3M
Debt โ
FY18
Cash $2.2M
Debt โ
FY19
Cash $1.3M
Debt โ
FY20
Cash $22.5M
Debt โ
FY21
Cash $24.1M
Debt โ
FY22
Cash $1.0M
Debt โ
FY23
Cash $19.6M
Debt โ
FY24
Cash $9.9M
Debt โ
FY25
Cash $16.3M
Debt โ
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $24.1M | $1.0M | $19.6M | $9.9M | $16.3M |
| Current ratio | 15.4x | 5.5x | 7.5x | 22.2x | 19.7x |
| Quick ratio | 15.4x | 5.5x | 7.5x | 22.2x | 19.7x |
| Total assets | $90.9M | $84.5M | $109M | $134M | $143M |
| Total liabilities | $2.7M | $3.4M | $3.4M | $2.2M | $2.0M |
| Shareholders' equity | $88.2M | $81.1M | $105M | $132M | $141M |
| Net debt (โ = net cash) | โ | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 5 | โ / 5 | โ / 5 | โ / 5 | โ / 6 | โ / 6 | โ / 6 | โ / 6 | โ / 6 |
| Accruals ratio | 0.2% | โ0.8% | โ1.6% | 0.6% | 0.5% | 0.2% | โ1.4% | โ0.6% | โ1.3% | 0.1% |
| Altman Z'' | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
10 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | โ$1.6M | โ$2.1M | โ$2.2M | โ$1.3M | โ$1.5M | โ$3.0M | โ$3.8M | โ$2.5M | โ$5.1M | โ$2.2M |
| Diluted EPS | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.03 | $0.01 |
| Diluted shares | 0.09B | 0.10B | 0.10B | 0.10B | 0.11B | 0.14B | 0.15B | 0.16B | 0.19B | 0.20B |
| Cash flow | ||||||||||
| Cash from operations | โ$1.6M | โ$1.8M | โ$1.6M | โ$1.5M | โ$1.8M | โ$3.1M | โ$2.6M | โ$1.9M | โ$3.5M | โ$2.4M |
| Capital expenditure | โ | โ | โ | โ | โ | โ | โ | โ | $0.0M | $0.0M |
| Free cash flow | โ | โ | โ | โ | โ | โ | โ | โ | โ$3.5M | โ$2.4M |
| Stock-based compensation | $0.2M | $0.2M | $0.4M | $0.3M | $0.4M | $1.0M | $1.2M | $0.8M | $1.8M | $1.6M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.5M | $0.3M | $2.2M | $1.3M | $22.5M | $24.1M | $1.0M | $19.6M | $9.9M | $16.3M |
| Current assets | $5.5M | $3.6M | $3.6M | $1.6M | $23.6M | $38.3M | $18.1M | $25.2M | $48.7M | $37.5M |
| Current liabilities | โ | โ | โ | โ | $0.9M | $2.5M | $3.3M | $3.4M | $2.2M | $1.9M |
| Property and equipment, net | โ | โ | โ | โ | โ | $0.0M | $0.2M | $0.1M | $0.0M | $0.0M |
| Total assets | $34.2M | $36.1M | $34.4M | $38.8M | $65.8M | $90.9M | $84.5M | $109M | $134M | $143M |
| Total liabilities | $0.5M | $0.5M | $0.4M | $0.4M | $0.9M | $2.7M | $3.4M | $3.4M | $2.2M | $2.0M |
| Shareholders' equity | $33.7M | $35.5M | $34.0M | $38.5M | $64.9M | $88.2M | $81.1M | $105M | $132M | $141M |
| Returns | ||||||||||
| Return on equity | โ4.7% | โ5.9% | โ6.3% | โ3.7% | โ2.9% | โ3.9% | โ4.5% | โ2.7% | โ4.3% | โ1.6% |
| Return on assets | โ4.6% | โ5.8% | โ6.3% | โ3.6% | โ2.9% | โ3.8% | โ4.4% | โ2.6% | โ4.2% | โ1.6% |
| Return on tangible equity | โ4.7% | โ5.8% | โ6.5% | โ3.5% | โ2.3% | โ3.4% | โ4.7% | โ2.4% | โ3.8% | โ1.6% |
| Growth | ||||||||||
| EPS growth | โ | 53.0% | 0.0% | โ34.6% | โ1.3% | 60.4% | โ3.8% | โ35.7% | 97.3% | โ51.0% |
| Share count change | โ | 1.5% | 4.2% | 4.3% | 10.3% | 25.5% | 5.0% | 5.4% | 17.6% | 6.8% |
| Financial health | ||||||||||
| Current ratio | โ | โ | โ | โ | 25.4x | 15.4x | 5.5x | 7.5x | 22.2x | 19.7x |
| Quick ratio | โ | โ | โ | โ | 25.4x | 15.4x | 5.5x | 7.5x | 22.2x | 19.7x |
| Quality scores | ||||||||||
| Accruals ratio | 0.2% | โ0.8% | โ1.6% | 0.6% | 0.5% | 0.2% | โ1.4% | โ0.6% | โ1.3% | 0.1% |
Source: SEC EDGAR XBRL filings (CIK 0001364125). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in CAD under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only โ not investment advice. Check the original filings before relying on any figure.