Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Wescan Goldfields Inc. is a Canadian company primarily engaged in securing, exploring, and advancing mineral properties. The firm possesses complete ownership of several gold properties located northeast of La Ronge, Saskatchewan. These assets include the Jojay property, consisting of five claim blocks covering 1,496 hectares; the Munro Lake property, spanning 2,489 hectares; and the extensive Fork Lake/Jasper/Tamar property, which encompasses 6,513 hectares. Originally incorporated in 2003, the company was known as Shore Resources Inc. before rebranding to Wescan Goldfields Inc. in April 2004. Its corporate headquarters are situated in Saskatoon, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.