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Western Magnesium Corporation (V:WMG.H)

Business Focus: Nonferrous Metal Processing

Get the company report for the most recent outlook updated daily

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for WMG within the last 6 months
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Company News

Jun 12, 2023 15:49 ET
Western Magnesium Announces Resignation of Director
Washington, DC - TheNewswire - June 1, 2023 - Western Magnesium Corporation (TSXV:WMG.V) (Frankfurt-3WM) (OTC:MLYF) (“Western Magnesium” or the “Company”) announces the resignation of Rabih Ataya from the board of directors.  Mr. Ataya is resigning for health reasons and the Board would like to thank him for his years of service.  
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Mar 09, 2023 06:47 ET
IIROC Trading Halt - WMG
VANCOUVER, BC, March 9, 2023 /CNW/ - The following issues have been halted by IIROC:
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Valuation Ratios

Industry
Sector
Beta
--
--
--
Price to Sales - TTM
--
0.85
4.47
Price to Book - most recent quarter
--
1.25
2.00
Price to Cash Flow per share - TTM
--
16.09
9.39
Price to Free Cash Flow per share - TTM
--
16.70
20.54
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Apr 15, 20241,6060
Mar 31, 20241,6060
Mar 15, 20241,6060
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Specialty Mining & Metals

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.

See business summary

 

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