Western Copper and Gold Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Cost Of Revenue | 31,333 | 16,821 | 16,561 | 15,374 | 38,817 | -- |
| Gross Profit | -31,333 | -16,821 | -16,561 | -15,374 | -38,817 | -- |
| Selling General And Administration | 1.8M | 2.0M | 1.8M | 2.2M | 1.9M | -- |
| General And Administrative Expense | 1.8M | 2.0M | 1.8M | 2.2M | 1.9M | -- |
| Other Operating Expenses | 25,284 | 41,409 | 237,298 | 8,810 | 12,714 | -- |
| Operating Expense | 1.8M | 2.0M | 2.1M | 2.2M | 1.9M | -- |
| Operating Income | -1.8M | -2.1M | -2.1M | -2.2M | -1.9M | -- |
| EBIT | -1.8M | -2.1M | -2.1M | -2.2M | -1.9M | -- |
| Interest Income | 406,624 | 541,358 | 666,364 | 791,360 | 906,389 | -- |
| Interest Income Non Operating | 406,624 | 541,358 | 666,364 | 791,360 | 906,389 | -- |
| Net Interest Income | 406,624 | 541,358 | 666,364 | 791,360 | 906,389 | -- |
| Other Income Expense | 537,356 | 891,052 | 790,093 | -150,031 | 343,899 | -- |
| Gain On Sale Of Security | 537,356 | 891,052 | 790,093 | -150,031 | 343,899 | -- |
| Pretax Income | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Net Income From Continuing Operation Net Minority Interest | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Net Income Including Noncontrolling Interests | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Net Income Common Stockholders | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Net Income | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| EBITDA | -1.8M | -2.0M | -2.1M | -2.2M | -1.9M | -- |
| Normalized EBITDA | -2.3M | -2.9M | -2.9M | -2.1M | -2.2M | -- |
| Reconciled Depreciation | 31,333 | 16,821 | 16,561 | 15,974 | 38,817 | -- |
| Basic EPS | 0.00 | 0.00 | 0.00 | -- | 0.00 | -0.02 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | -- | 0.00 | -0.02 |
| Basic Average Shares | 201.4M | 200.1M | 199.1M | -- | 198.2M | 187.8M |
| Diluted Average Shares | 201.4M | 200.1M | 199.1M | -- | 198.2M | 187.8M |
| Total Unusual Items | 537,356 | 891,052 | 790,093 | -150,031 | 343,899 | -- |
| Total Unusual Items Excluding Goodwill | 537,356 | 891,052 | 790,093 | -150,031 | 343,899 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -1.4M | -1.5M | -1.4M | -1.4M | -1.0M | -- |
| Diluted NI Availto Com Stockholders | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Net Income Continuous Operations | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Net Non Operating Interest Income Expense | 406,624 | 541,358 | 666,364 | 791,360 | 906,389 | -- |
| Other Gand A | 671,571 | 573,158 | 461,235 | 564,616 | 383,775 | -- |
| Reconciled Cost Of Revenue | 31,333 | 16,821 | 16,561 | 15,374 | 38,817 | -- |
| Salaries And Wages | 1.1M | 1.4M | 1.4M | 1.6M | 1.5M | -- |
| Total Expenses | 1.8M | 2.1M | 2.1M | 2.2M | 1.9M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 10.4M | 17.8M | 10.1M | 14.2M | 16.5M | -- |
| Cash Cash Equivalents And Short Term Investments | 56.1M | 60.9M | 64.8M | 69.1M | 74.9M | -- |
| Cash Equivalents | 3.8M | 10.8M | 3.8M | 7.5M | -- | -- |
| Cash Financial | 6.6M | 7.0M | 6.4M | 6.7M | -- | -- |
| Other Short Term Investments | 45.7M | 43.1M | 54.6M | 54.8M | 58.4M | -- |
| Other Current Assets | 578,376 | 694,434 | 1.1M | 954,853 | 611,242 | -- |
| Current Assets | 56.7M | 61.5M | 65.8M | 70.0M | 75.5M | -- |
| Gross PPE | 141.6M | 135.6M | 128.2M | 122.8M | 118.1M | -- |
| Net PPE | 141.6M | 135.6M | 128.2M | 122.8M | 118.1M | -- |
| Total Non Current Assets | 141.6M | 135.6M | 128.2M | 122.8M | 118.1M | -- |
| Total Assets | 198.3M | 197.2M | 194.0M | 192.8M | 193.6M | -- |
| Current Debt And Capital Lease Obligation | 186,452 | 123,434 | 18,663 | 33,408 | 34,767 | -- |
| Payables And Accrued Expenses | 5.2M | 5.2M | 2.9M | 3.1M | 2.9M | -- |
| Current Liabilities | 5.4M | 5.3M | 2.9M | 3.2M | 2.9M | -- |
| Long Term Debt And Capital Lease Obligation | 92,392 | 123,655 | 23,735 | 27,231 | -- | -- |
| Long Term Capital Lease Obligation | 92,392 | 123,655 | 23,735 | 27,231 | 0.00 | -- |
| Total Non Current Liabilities Net Minority Interest | 92,392 | 123,655 | 23,735 | 27,231 | 0.00 | -- |
| Total Liabilities Net Minority Interest | 5.5M | 5.5M | 3.0M | 3.2M | 2.9M | -- |
| Common Stock | 277.8M | 275.4M | 274.3M | 272.5M | 272.2M | -- |
| Capital Stock | 277.8M | 275.4M | 274.3M | 272.5M | 272.2M | -- |
| Additional Paid In Capital | 39.0M | 39.4M | 39.2M | 38.9M | 38.7M | -- |
| Retained Earnings | -124.0M | -123.1M | -122.5M | -121.9M | -120.3M | -- |
| Common Stock Equity | 192.8M | 191.7M | 191.0M | 189.6M | 190.7M | -- |
| Stockholders Equity | 192.8M | 191.7M | 191.0M | 189.6M | 190.7M | -- |
| Total Equity Gross Minority Interest | 192.8M | 191.7M | 191.0M | 189.6M | 190.7M | -- |
| Total Capitalization | 192.8M | 191.7M | 191.0M | 189.6M | 190.7M | -- |
| Net Tangible Assets | 192.8M | 191.7M | 191.0M | 189.6M | 190.7M | -- |
| Tangible Book Value | 192.8M | 191.7M | 191.0M | 189.6M | 190.7M | -- |
| Working Capital | 51.3M | 56.2M | 62.9M | 66.9M | 72.6M | -- |
| Invested Capital | 192.8M | 191.7M | 191.0M | 189.6M | 190.7M | -- |
| Total Debt | 278,844 | 247,089 | 42,398 | 60,639 | 34,767 | -- |
| Share Issued | 201.7M | 200.6M | 200.0M | 198.4M | 198.2M | -- |
| Ordinary Shares Number | 201.7M | 200.6M | 200.0M | 198.4M | 198.2M | -- |
| Capital Lease Obligations | 278,844 | 247,089 | 42,398 | 60,639 | 34,767 | -- |
| Current Capital Lease Obligation | 186,452 | 123,434 | 18,663 | 33,408 | 34,767 | -- |
| Other Properties | 141.6M | 135.6M | 128.2M | 122.8M | 118.1M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 221,472 | -461,057 | -2.2M | -977,504 | -1.1M | -- |
| Cash Flow From Continuing Operating Activities | 221,472 | -461,057 | -2.2M | -977,504 | -1.1M | -- |
| Depreciation And Amortization | 31,333 | 16,821 | 16,561 | 15,974 | 38,817 | -- |
| Depreciation Amortization Depletion | 31,333 | 16,821 | 16,561 | 15,974 | 38,817 | -- |
| Stock Based Compensation | 474,126 | 747,852 | 641,804 | 533,224 | 586,662 | -- |
| Change In Working Capital | 1.1M | 386,687 | -1.5M | -84,203 | -662,220 | -- |
| Change In Payables And Accrued Expense | -- | 266,304 | -1.5M | 1.5M | -1.2M | 480,051 |
| Change In Payable | -- | 266,304 | -1.3M | -- | -78,288 | 212,103 |
| Change In Other Current Assets | -- | 120,383 | 58,106 | -374,026 | 533,880 | -262,244 |
| Other Non Cash Items | 5,074 | -75,248 | 1,047 | 1,129 | 1,197 | -- |
| Capital Expenditure | -6.1M | -4.8M | -4.3M | -5.0M | -3.2M | -- |
| Purchase Of PPE | 0.00 | -- | -- | -- | 0.00 | -- |
| Net PPE Purchase And Sale | 0.00 | -- | -- | -- | 0.00 | -- |
| Purchase Of Investment | -- | -- | -- | 3.7M | 0.00 | -45.1M |
| Sale Of Investment | -3.0M | -- | -- | -- | 0.00 | -- |
| Net Investment Purchase And Sale | -3.0M | 12.5M | 1.2M | 3.7M | 0.00 | -- |
| Investing Cash Flow | -9.0M | 7.7M | -3.1M | -1.3M | -3.2M | -- |
| Cash Flow From Continuing Investing Activities | -9.0M | 7.7M | -3.1M | -1.3M | -3.2M | -- |
| Repayment Of Debt | -31,626 | -11,338 | -19,288 | -17,959 | -46,579 | -- |
| Net Issuance Payments Of Debt | -31,626 | -11,338 | -19,288 | -17,959 | -46,579 | -- |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Financing Cash Flow | 1.4M | 418,162 | 1.3M | -48,296 | -46,579 | -- |
| Cash Flow From Continuing Financing Activities | 1.4M | 418,162 | 1.3M | -48,296 | -46,579 | -- |
| Changes In Cash | -7.4M | 7.7M | -4.1M | -2.3M | -4.3M | -- |
| Beginning Cash Position | 17.8M | 10.1M | 14.2M | 16.5M | 20.8M | -- |
| End Cash Position | 10.4M | 17.8M | 10.1M | 14.2M | 16.5M | -- |
| Free Cash Flow | -5.8M | -5.2M | -6.6M | -5.9M | -4.2M | -- |
| Capital Expenditure Reported | -6.1M | -4.7M | -4.3M | -5.0M | -3.2M | -- |
| Change In Account Payable | -- | 266,304 | -1.3M | -- | -78,288 | 212,103 |
| Change In Accrued Expense | -- | 0.00 | -238,681 | -- | -1.1M | 267,948 |
| Change In Interest Payable | -- | 0.00 | -238,681 | -- | -1.1M | 267,948 |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Depreciation | 31,333 | 16,821 | 16,561 | 15,974 | 38,817 | -- |
| Gain Loss On Investment Securities | -534,133 | -- | -- | 150,000 | -347,480 | 426,680 |
| Long Term Debt Payments | -31,626 | -11,338 | -19,288 | -17,959 | -46,579 | -- |
| Net Income From Continuing Operations | -890,292 | -627,995 | -637,066 | -1.6M | -680,737 | -- |
| Net Long Term Debt Issuance | -31,626 | -11,338 | -19,288 | -17,959 | -46,579 | -- |
| Net Other Financing Charges | -- | -- | -- | -30,337 | 0.00 | -3.1M |
| Operating Gains Losses | -534,133 | -- | -- | 150,000 | -347,480 | 426,680 |
| Proceeds From Stock Option Exercised | 1.4M | 429,500 | 1.3M | 0.00 | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | -- | -- | -775,000 | -- | -- | -- |