Western Resources Corp faces significant challenges as it prepares for delisting from the TSX amid ongoing financial struggles.
This week, Western Resources Corp (WRX.TO) remains unchanged in price, closing at C$0.04. The company is currently navigating a tumultuous period marked by delisting from the Toronto Stock Exchange and ongoing proceedings under the Companies' Creditors Arrangement Act (CCAA).
Advertisement
Western Resources Corp
WRX.TO
WRX.TO
Western Resources Corp
WealthAwesomeMarket cap
$16.33M
52W high
$0.04
52W low
$0.04
1W change
+0.00%
Beta
0.92
Analyst Price Targets
Based on analyst covering WRX · as of Sep 17, 2026
Wall Street analysts forecast WRX stock price to rise 475.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.23
+475.0% Upside
Current Price
C$0.04
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WRX's historical volatility
30-Day Vol
0.0%
Annualized
90-Day Vol
0.0%
Annualized
Trend (90d)
+0.0%
Annualized drift
90d Mean
C$0.04
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.04 | C$0.04 – C$0.04 |
| 60 trading days | C$0.04 | C$0.04 – C$0.04 |
| 90 trading days | C$0.04 | C$0.04 – C$0.04 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: Investors should closely monitor Western Resources Corp's ongoing financial and operational developments, especially regarding its delisting and restructuring efforts, as these factors will significantly impact its future prospects.
475% Potential Upside
The average analyst target price for Western Resources Corp is C$0.23, indicating a potential increase from its current trading price.
Bull case
Analysts are optimistic about Western Resources Corp, with an average target price of C$0.23. This suggests a potential upside of 475%. If the company can successfully restructure and stabilize its operations, it may draw renewed interest from investors.
Bear case
However, the upcoming delisting from the TSX and ongoing CCAA proceedings present significant risks. Investors should be cautious, as the company's financial health is declining, evidenced by negative earnings and a profit margin of 0.0%.
Recent Price Action
Western Resources Corp's stock closed at C$0.04, showing no change over the past day, week, or month. The stock has remained stagnant as the company faces significant operational challenges.
Company News and Developments
Advertisement
Recent headlines indicate that Western Resources Corp is set to be delisted from the Toronto Stock Exchange effective October 7, 2026, due to non-compliance with listing requirements. This decision follows ongoing financial difficulties, including its subsidiaries' proceedings under the Companies' Creditors Arrangement Act (CCAA). Investors should be aware of these developments as they may impact stock liquidity and overall investor sentiment.
Technical Picture
Currently, Western Resources Corp is trading at its 50-day and 200-day moving averages of C$0.04, indicating a flat price trend. The stock has a beta of 0.92, suggesting lower volatility compared to the market. The market cap stands at approximately C$16.33 million, with a profit margin of 0.0% and a return on equity (ROE) of -1.2%. Investors should consider these technical factors when evaluating the stock's performance.
Insider Activity
No recent insider activity has been reported for Western Resources Corp, which may indicate a lack of confidence from insiders amid the ongoing challenges.
Price Action Summary
As of the last close, Western Resources Corp remains at C$0.04, unchanged over one day, one week, and one month, reflecting the company's current operational and financial struggles.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
