Wescan Goldfields Inc.

Wescan Goldfields Inc.verified

WEGOF

Price:

$0.0032

Market Cap:

$237.97K

Wescan Goldfields Inc. acquires, explores for, and develops mineral properties in Canada. It holds 100% interest 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.

Industry

Gold

IPO Date

2009-09-08

Stock Exchange

OTC

Ticker

WEGOF

The Current Ratio as of December 2025 (TTM) for Wescan Goldfields Inc. (WEGOF) is 0.12

According to Wescan Goldfields Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.12. This represents a change of 84.24% compared to the average of 0.07 of the last 4 quarters.

Wescan Goldfields Inc. (WEGOF) Historical Current Ratio (quarterly & annually)

How has WEGOF Current Ratio performed in the past?

The mean historical Current Ratio of Wescan Goldfields Inc. over the last ten years is 3.55. The current 0.12 Current Ratio has changed 237.55% with respect to the historical average. Over the past ten years (40 quarters), WEGOF's Current Ratio was at its highest in in the June 2022 quarter at 17.67. The Current Ratio was at its lowest in in the September 2015 quarter at 0.01.

Quarterly (TTM)
Annual

Average

3.55

Median

1.42

Minimum

0.02

Maximum

11.19

Wescan Goldfields Inc. (WEGOF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Wescan Goldfields Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.90%

Maximum Annual Current Ratio = 11.19

Minimum Annual Increase = -98.62%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.02-98.62%
20231.34-84.57%
20228.693.90%
20210.22-93.88%
20203.55-52.86%
20197.54-32.64%
201811.19888.24%
20171.13-24.47%
20161.50362.94%
20150.321.34%

Wescan Goldfields Inc. (WEGOF) Average Current Ratio

How has WEGOF Current Ratio performed in the past?

The current Current Ratio of Wescan Goldfields Inc. (WEGOF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.35

5-year avg

2.76

10-year avg

3.55

Wescan Goldfields Inc. (WEGOF) Current Ratio vs. Peers

How is WEGOF’s Current Ratio compared to its peers?

Wescan Goldfields Inc.’s Current Ratio is greater than E2Gold Inc. (0.10), greater than Candelaria Mining Corp. (0.01), greater than Golden Phoenix Minerals, Inc. (0.04), less than Rochester Resources Ltd. (0.24), less than Montauk Metals Inc. (0.53), greater than CAT Strategic Metals Corporation (0.02), greater than Joshua Gold Resources Inc. (0.01), greater than Gold'n Futures Mineral Corp. (0.04), less than Bullion Gold Resources Corp. (8.31), less than Goldflare Exploration Inc. (0.43),

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