Here are the 10-K annual reports from Western Uranium&Vanadium (WSTRF) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow WSTRF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WSTRF filings page.
Western Uranium & Vanadium Corp. is an Ontario-based emerging growth company focused on exploring, developing and eventually processing uranium and vanadium resources in Colorado and Utah. Its core asset is the Sunday Mine Complex, where it has been developing underground workings and stockpiling ore.
The company is prioritizing construction and licensing of the Mustang Mineral Processing Plant in Colorado, while deferring some work on the Maverick plant in Utah. In 2025 it generated $297,285 of ore sale revenue under an ore purchase agreement, but reported a net loss of $7,175,923 and an accumulated deficit of $36,105,817 as of December 31, 2025.
Western raised capital through several unit private placements in 2024 and 2025 and modified outstanding warrants to facilitate additional equity funding. Working capital was $5,384,164 at year-end 2025. Management highlights significant uranium market tailwinds but warns of substantial risks, including dependence on further financing, permitting and construction risks for its mill, and the absence of established mineral reserves under S-K 1300.