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WA1 Resources Ltd (WA1) AI Stock Analysis
WA1 Resources Ltd
(ASX:WA1)
The score is held down primarily by weak financial performance (no recent revenue, persistent losses, and ongoing cash burn) and bearish technical momentum (price below all key moving averages with negative MACD and very low RSI/Stoch). A strong, low-leverage balance sheet provides some support, but negative earnings and cash flow remain the dominant risks.
WA1 Resources Ltd (WA1) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 621.60M
- Dividend Yield
- ―
- Average Volume (3M)
- 284.18K
- Price to Earnings (P/E)
- -157.4
- Beta (1Y)
- 1.76
- Revenue Growth
- ―
- EPS Growth
- 25.84%
- Country
- Australia
- Employees
- 26
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
WA1 Resources Ltd Business Overview & Revenue Model
Company Description
WA1 Resources Ltd specializes in mineral exploration, concentrating its efforts on ventures situated in Western Australia. The company actively seeks out deposits containing iron oxide, copper, and gold. Its primary undertaking is the wholly-owned We...
WA1 Resources Ltd Financial Statement Overview
Summary
Despite a strong balance sheet (low leverage and large equity base), operating performance is very weak: recurring losses, revenue falling to zero in recent years, and continued cash burn with meaningfully negative free cash flow. Solvency strength supports the score, but lack of profitability and negative cash generation heavily weigh on it.
Income Statement
18Very NegativeBalance Sheet
72PositiveCash Flow
30Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 261.12K | 0 |
| Gross Profit | -364.32K | -364.32K | -122.21K | -44.06K | 230.57K | 0 |
| EBITDA | -8.00M | -8.00M | -8.17M | -3.50M | -2.19M | 28 |
| Net Income | -3.89M | -3.89M | -4.80M | -3.54M | -2.22M | -622.59K |
Balance Sheet | ||||||
| Total Assets | 228.19M | 228.19M | 130.26M | 75.47M | 24.80M | 4.69M |
| Cash, Cash Equivalents and Short-Term Investments | 123.80M | 123.80M | 72.80M | 46.94M | 17.00M | 3.68M |
| Total Debt | 1.03M | 1.03M | 17.28K | 0 | 43.78K | 0 |
| Total Liabilities | 10.08M | 10.08M | 4.32M | 3.46M | 2.23M | 131.69K |
| Stockholders Equity | 218.11M | 218.11M | 125.94M | 72.01M | 22.56M | 4.56M |
Cash Flow | ||||||
| Free Cash Flow | -8.51M | -8.51M | -31.45M | -2.22M | -5.62M | -729.48K |
| Operating Cash Flow | -1.68M | -1.68M | -2.05M | -2.22M | -1.08M | -729.48K |
| Investing Cash Flow | -41.81M | -41.81M | -29.39M | -18.03M | -6.68M | -531.66K |
| Financing Cash Flow | 94.49M | 94.49M | 57.31M | 52.19M | 19.08M | 4.73M |
WA1 Resources Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WA1, the sentiment is Negative. The current price of 8.36 is below the 20-day moving average (MA) of 8.51, below the 50-day MA of 9.85, and below the 200-day MA of 13.03, indicating a bearish trend. The MACD of -0.40 indicates Negative momentum. The RSI at 43.59 is Neutral, neither overbought nor oversold. The STOCH value of 79.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WA1.
WA1 Resources Ltd Peers Comparison
Overall Rating
AU:SFR77Outperform
AU:HCH43Neutral- AU:WA143Neutral
AU:CYM41Neutral
AU:CVV40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:SFR | 77Outperform | AUD 9.42B | 18.64 | 17.19% | 1.74% | 31.56% | 256.29% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:HCH | 43Neutral | AUD 266.82M | -23.23 | -4.15% | ― | ― | 22.68% |
| AU:WA1 | 43Neutral | AUD 621.60M | -157.44 | -1.78% | ― | ― | 25.84% |
| AU:CYM | 41Neutral | AUD 173.42M | -10.24 | -9.20% | ― | ― | 81.09% |
| AU:CVV | 40Underperform | AUD 106.16M | -5.23 | 634.53% | ― | ― | -163.77% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:WA1 | WA1 Resources Ltd | 8.36 | -7.54 | -47.42% | |
| AU:HCH | Hot Chili Limited | 1.31 | 0.37 | 39.15% | |
| AU:SFR | Sandfire Resources Limited | 20.14 | 4.28 | 26.95% | |
| AU:CYM | Cyprium Metals Limited | 0.30 | -0.10 | -24.81% | |
| AU:CVV | Caravel Minerals Limited | 0.19 | 0.02 | 11.76% |
WA1 Resources Ltd Corporate Events
WA1 Resources Sets AGM Date and Director Nomination Deadline
WA1 Resources Ltd has scheduled its Annual General Meeting for 18 November 2026, signaling the next formal opportunity for shareholders to engage with the company’s board and review governance matters. The timing underscores the company’s...
WA1 Resources lodges updated ASX corporate governance statement
WA1 Resources Ltd has lodged its updated corporate governance statement for the financial year ended 30 June 2026, confirming it is available on the company’s website and has been approved by the board as at 18 September 2026. The filing, toget...
WA1 Resources Details Corporate Structure and Governance Framework
WA1 Resources Ltd has outlined its core corporate structure in its latest annual report, detailing its board composition, company secretary, and principal place of business in Subiaco, Western Australia. The report also confirms its ASX listing, exte...
WA1 Resources Cuts 80,000 Lapsed Performance Rights From Capital Structure
WA1 Resources Ltd has announced the lapse of 80,000 performance rights, identified under the ASX security code WA1AH, after the conditions attached to these rights were not met or became incapable of being satisfied. The cessation, effective 31 July...
WA1 outlines Luni niobium project with strict investor disclaimers
WA1 Resources Ltd has released a presentation on its Luni niobium project ahead of the Diggers & Dealers Mining Forum in August 2026, outlining general information about the company and the project. The document is framed as high-level, unaudited...
WA1 Resources Issues 107,000 Unquoted Performance Rights Under Staff Incentive Plan
WA1 Resources Ltd has notified the market that it will issue 107,000 unquoted performance rights under its employee incentive scheme. These WA1AH performance rights, scheduled for issue on July 31, 2026, are not intended to be quoted on ASX, indicati...
WA1 boosts Luni niobium resource and advances project de-risking
WA1 Resources reported significant progress at its Luni Niobium Project during the June quarter, including an updated Mineral Resource estimate that expanded the Indicated component to 93 million tonnes at 1.32% Nb2O5, with a high-grade subset of 35...
WA1 boosts confidence in high-grade Luni niobium as drilling and PFS advance
WA1 Resources has reported further high-grade niobium intersections from infill diamond drilling in the eastern zone of its Luni Niobium Project in Western Australia, with multiple thick, high-grade intervals boosting confidence in the mineralisation...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 14, 2026