Diligence memo · auto-generated · as of July 2, 2026
Western Uranium & Vanadium Corp.
Western Uranium & Vanadium Corp. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Western Uranium & Vanadium Corp. operates in Mining & Resources, based in TORONTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Western Uranium & Vanadium Corp. has raised $20M in disclosed capital across 19 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.0M on 2021-02-16.
Most recent recorded round closed around 2025-06-13.
Valuation (modeled)modeled
Provath models Western Uranium & Vanadium Corp. at approximately $3.0M (range $1.5M–$5.2M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.24× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era. Issuer reports $0–$1M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 13 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 90% of Mining & Resources peers (701 compared).
Modeled value ranks above 55% of those peers.
Closest niche peers: Fortitude Gold Corp, San Cristobal Mining Inc., Torngat Metals Ltd, Rua Gold Inc., Red Metals, Inc..
Peoplefiled
15 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.