wescan goldfields inc (WGF:Venture)
wescan goldfields inc (WGF) Snapshot
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Open
C$0.02
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Previous Close
C$0.02
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Day High
C$0.03
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Day Low
C$0.02
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52 Week High
08/10/12 - C$0.45
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52 Week Low
05/16/13 - C$0.02
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Market Cap
253.5K
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Average Volume 10 Days
14.4K
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EPS TTM
C$-0.15
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Shares Outstanding
12.7M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
wescan goldfields inc (WGF) Related Businessweek News
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Wescan Goldfields Inc., a development stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold and coal. It holds 98.4% interest in the Munro property consisting of certain mineral dispositions located northeast of La Ronge, Saskatchewan; 100% interest in the Jojay property comprising certain mineral dispositions located northeast of La Ronge, Saskatchewan; and 100% interest in Hudson Bay/Pinehouse Lake properties that include 331 coal permits having an area of 229,280 hectares and are located near Hudson Bay and Pinehouse Lake, 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.
wescan goldfields inc (WGF) Top Compensated Officers
wescan goldfields inc (WGF) Key Developments
Wescan Goldfields Inc. announced the appointment of Mr. Greg Shyluk as Chief Financial Officer of the company. Mr. Shyluk is the Chief Financial Officer of Shore Gold Inc. ("Shore") and has been with Shore since January 2007. Mr. MacNeill and the Board of Directors welcome Greg to this new position.
Wescan Goldfields Inc. filed its Annual on Apr 26, 2013 for the period ending Dec 31, 2012. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Wescan Goldfields Inc. announced consolidated earnings results for the year ended December 31, 2012. For the year the company recorded a net loss of $2,693,620 or $0.21 per share compared to a net loss of $1,821,062 or $0.16 per share for 2011. The loss during 2012 was primarily due to the impairment of certain previously capitalized exploration and evaluation assets $1,434,562 as well as ongoing operating costs and exploration and evaluation expenditures incurred by the company exceeding interest and other income. Loss from operations was $1,312,889 compared to $1,908,167 for the same period a year ago. Cash used in operations was $1,133,410 compared to $1,765,272 in 2011.
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| WGF:CN | C$0.02 CAD | 0.00 | |
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Industry Analysis
WGF
Industry Average
| Valuation | WGF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact WESCAN GOLDFIELDS INC, please visit www.wescangoldfields.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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