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← CockpitCompetitor Analysis › WRN.TO Western Copper and Gold CorporationOpen in the cockpit ↗

Western Copper and Gold CorporationWRN.TOCompetitor analysis, valuation and peers

Canada · CAD·Materials›Other Metals/Minerals
Momentum laggard 5
Mkt cap
$339M
US dollars, full cap
Free float
83%
of shares outstanding
$/day
$803,160
20-day average traded
P/B
1.70×
price to book
ROE
-2.6%
delivered
Implied ROE
19.3%
what the price asks
Next earnings
146 days
1 Apr 2027
Close · CADC$2.10
1D-3.7%
1W-5.0%
1M-29.1%
3M-37.3%
6M-47.5%
YTD-42.8%
1Y-23.6%
ATR %6.1%
52w lowhigh63.4% off high

What Western Copper and Gold does

Employees: 16

Western Copper and Gold at a glance

Size Western Copper and Gold (WRN.TO) is a Canada Materials company (Other Metals/Minerals) with a market value of $339M, the 406th largest of 420 Canada companies the cockpit tracks. Shares closed at C$2.10 on 6 Nov 2026.

Performance Over six months the shares fell 47.5%, against -30.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 7th lowest of 21 in its peer set.

Valuation It trades at 1.70× book value against a peer median of 2.02× (10th cheapest of 21).

Price implies The share price implies a return on equity of about 19.3%; Western Copper and Gold delivers -2.6%, so the price asks more than the business earns today.

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 70WRN.TO 50
Six months, rebased to 100: Western Copper and Gold against the median of its 20 peers (local-currency closes).

Western Copper and Gold financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$0C$0C$0C$0C$0
Revenue growth—————
Gross profit-C$178,648-C$97,561-C$157,059-C$206,900-C$167,894
EBITDA-C$8.72M-C$7.37M-C$9.49M-C$4.93M-C$5.46M
Net income-C$6.07M-C$3.12M-C$6.92M-C$3.34M-C$4.99M
Free cash flow-C$2.92M-C$3.42M-C$4.73M-C$2.54M-C$3.34M
Capital expenditureC$19.7MC$20.6MC$13.8MC$19.9MC$20.6M
Total debtC$747,237C$236,985C$60,639C$197,813C$417,981

Quarterly statements and history in the cockpit →

Western Copper and Gold competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-50%-25%0%+25%336370SLVRJMSSTPSICONDMA1M300828BRE2009RMPOCLSLIVULA4NLZMTTS600281WRN.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Western Copper and Gold is the large dot.

Fundamentals: return on equity against price-to-book

-200%-100%0%00×1000×336370SLVRNDMTTS600281TMQWRN.TOReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Western Copper and Gold is the large dot.

Capital: ROE delivered against the ROE the price implies

0%500%1,000%1,500%2,000%0%1,000%2,000%336370SLVRNDMRMTTSWRN.TOROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Western Copper and Gold is the large dot.

Western Copper and Gold competitors and peer comparison

How Western Copper and Gold compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Western Copper and Gold against its 20 peers (data as of 6 Nov 2026)
MeasureWRN.TOPeer medianRank in peer set
1-month return-29.1%-13.4%6th lowest of 21
6-month return-47.5%-30.6%7th lowest of 21
Return on equity-2.6%-13.5%8th highest of 20
Price / book1.70×2.02×10th cheapest of 21
ROE the price implies19.3%26.6%10th least demanding of 21
ROE delivered-2.6%-13.5%7th highest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Western Copper and Gold WRN.TOCanada$339M-48%n/a-3%1.70×19.3%-2.6%
Solus Advanced Materials 336370.KSSouth Korea$343M-52%+1%-7%0.74×7.4%-6.6%
Silver Tiger Metals SLVR.TOCanada$344M-12%n/a-4%1.97×28.7%-3.9%
Jupiter Mines JMS.AXAustralia$334M-16%-2%7%0.83×7.2%6.6%
Stalprodukt STP.WAPoland$333M-1%-7%-1%0.34×5.1%-1.5%
Silverco Mining SICO.VCanada$331M-17%n/a-19%2.07×29.0%-19.4%
Northern Dynasty Minerals NDM.TOCanada$349M-69%n/a-261%42.65×198.2%-261.3%
AIC Mines A1M.AXAustralia$349M-2%+29%13%1.46×8.1%13.3%
Tianjin Ruixin Technology 300828.SZChina$353M-35%+22%5%2.90×26.0%4.5%
Brazilian Rare Earths BRE.AXAustralia$324M-69%n/an/a3.55×27.2%n/a
First Copper Technology 2009.TWTaiwan$355M-14%+7%5%1.34×6.9%4.7%
Roxmore Resources RM.TOCanada$357M+65%n/a-19%6.05×97.7%-18.8%
Pondy Oxides & Chemicals POCL.NSIndia$317M-32%+49%19%3.79×64.4%n/a
Standard Lithium SLI.VCanada$365M-62%n/a-15%0.97×15.9%-15.5%
Vulcan Energy Resources VUL.AXAustralia$370M-70%-33%-18%0.47×9.5%-17.9%
Alpha HPA A4N.AXAustralia$372M-42%+135%-14%1.31×14.6%-13.5%
Lifezone Metals LZMUnited States$378M-30%+652%-17%4.24×39.2%n/a
Tintina Mines TTS.VCanada$380M+219%n/a-100%173.11×2,008.6%-99.6%
Shanxi Huayang New Material 600281.SSChina$385M-11%+10%-59%14.25×102.7%-59.5%
Trilogy Metals TMQ.TOCanada$391M-50%n/a-39%3.22×29.5%-39.3%
Anhui Zhongyuan New Materials 603527.SSChina$396M-36%+59%1%1.25×11.2%1.1%

Questions

Which companies are Western Copper and Gold's closest peers?
The cockpit's peer set: Solus Advanced Materials (336370.KS), Silver Tiger Metals (SLVR.TO), Jupiter Mines (JMS.AX), Stalprodukt (STP.WA), Silverco Mining (SICO.V), Northern Dynasty Minerals (NDM.TO), AIC Mines (A1M.AX), Tianjin Ruixin Technology (300828.SZ).
Is Western Copper and Gold expensive compared with its peers?
On price / book it trades at 1.70× against a peer median of 2.02×, 10th cheapest of 21 in its peer set. The share price implies a return on equity of about 19.3%; Western Copper and Gold delivers -2.6%, so the price asks more than the business earns today.
How has Western Copper and Gold stock performed?
Over six months to 6 Nov 2026 the shares returned -47.5% against -30.6% for the median peer; over one year -23.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.