Western Gold Resources Ltd. AI Stock Analysis
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Western Gold Resources Ltd. (WGR) AI Stock Analysis
Western Gold Resources Ltd.
(ASX:WGR)
The score is driven primarily by weak financial performance (minimal revenue, widening losses, higher leverage, and accelerating cash burn), which increases funding and execution risk. Technicals are also negative with price below major moving averages and bearish momentum. Valuation is constrained by negative earnings and no dividend support.
Western Gold Resources Ltd. (WGR) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 23.14M
- Dividend Yield
- ―
- Average Volume (3M)
- 356.57K
- Price to Earnings (P/E)
- -2.3
- Beta (1Y)
- 2.24
- Revenue Growth
- ―
- EPS Growth
- -150.36%
- Country
- Australia
- Employees
- 6
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Western Gold Resources Ltd. Business Overview & Revenue Model
Company Description
Western Gold Resources Limited, an Australian company headquartered in West Perth and founded in 2009, specializes in discovering and mining mineral deposits. The firm's key asset is its stake in the Wiluna West Gold Project, located in Wiluna, Weste...
Western Gold Resources Ltd. Financial Statement Overview
Summary
Financial profile is very weak: revenue is immaterial/erratic, losses deepened sharply (FY2026 net loss ~A$9.0m vs ~A$2.5m), leverage rose materially (debt ~A$3.1m vs equity ~A$0.48m; ~6.5x D/E), and cash burn accelerated (FY2026 operating cash flow ~-A$7.0m; free cash flow ~-A$7.1m). Overall points to funding dependency and elevated financial risk.
Income Statement
12Very NegativeBalance Sheet
28NegativeCash Flow
15Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 66.64K | 4,645 | 0 | 0 |
| Gross Profit | -26.14K | -26.14K | 66.64K | 4,645 | -1,776 | -1,820 |
| EBITDA | -7.16M | -7.16M | -1.97M | -2.43M | -1.90M | -4.01M |
| Net Income | -8.97M | -8.97M | -2.50M | -3.11M | -1.90M | -4.01M |
Balance Sheet | ||||||
| Total Assets | 4.14M | 4.14M | 1.68M | 2.07M | 1.29M | 2.92M |
| Cash, Cash Equivalents and Short-Term Investments | 2.86M | 2.86M | 608.40K | 751.32K | 658.71K | 2.13M |
| Total Debt | 3.11M | 3.11M | 0 | 500.00K | 0 | 0 |
| Total Liabilities | 3.66M | 3.66M | 303.68K | 740.81K | 261.94K | 460.41K |
| Stockholders Equity | 475.48K | 475.48K | 1.38M | 1.33M | 1.03M | 2.46M |
Cash Flow | ||||||
| Free Cash Flow | -7.06M | -7.06M | -1.88M | -2.24M | -1.95M | -4.17M |
| Operating Cash Flow | -6.97M | -6.97M | -1.88M | -2.22M | -1.95M | -4.16M |
| Investing Cash Flow | -85.81K | -85.81K | 198.00K | -99.19K | 0 | -12.88K |
| Financing Cash Flow | 9.31M | 9.31M | 1.54M | 2.41M | 475.24K | 6.27M |
Western Gold 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:WGR, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 63.33 is Neutral, neither overbought nor oversold. The STOCH value of 61.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WGR.
Western Gold Resources Ltd. Peers Comparison
Overall Rating
AU:ZAG56Neutral
AU:KSN54Neutral
AU:ION47Neutral
AU:AGC44Neutral
AU:VTX44Neutral- AU:WGR41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:ZAG | 56Neutral | AUD 31.20M | 0.55 | 79.65% | ― | ― | ― |
| AU:KSN | 54Neutral | AUD 35.20M | -0.75 | 18.94% | ― | 45.53% | -1109.68% |
| AU:ION | 47Neutral | AUD 112.78M | -13.93 | -95.49% | ― | -100.00% | -9.80% |
| AU:AGC | 44Neutral | AUD 34.81M | -15.07 | -5.23% | ― | ― | -69.77% |
| AU:VTX | 44Neutral | AUD 36.54M | -1.27 | -70.01% | ― | 1349.50% | -87.74% |
| AU:WGR | 41Neutral | AUD 23.14M | -2.27 | -539.95% | ― | ― | -150.36% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:WGR | Western Gold Resources Ltd. | 0.08 | -0.09 | -54.12% | |
| AU:KSN | Kingston Resources Ltd. | 0.03 | -0.11 | -80.00% | |
| AU:ZAG | Zuleika Gold Limited | 0.03 | -0.00 | -6.67% | |
| AU:ION | Southern Gold Limited | 0.08 | 0.04 | 90.70% | |
| AU:AGC | Australian Gold & Copper Ltd. | 0.11 | -0.09 | -45.00% | |
| AU:VTX | Vertex Minerals Ltd. | 0.07 | -0.15 | -67.56% |
Western Gold Resources Ltd. Corporate Events
Western Gold Resources Outlines Corporate Structure and Governance Framework
Western Gold Resources Limited, an ASX-listed gold exploration and resources company based in West Perth, Western Australia, has detailed its core corporate structure in its latest disclosure. The firm is led by a board comprising a non-executive cha...
Western Gold Resources Plans Issue of 19 Million Unlisted Options
Western Gold Resources has outlined plans for a new securities issue as part of a broader placement or similar capital-raising initiative. The proposed issue involves two tranches of unlisted options exercisable at $0.125 and expiring two years from...
Western Gold Resources Extends $3m Loan Facility to Advance Gold Duke Project
Western Gold Resources has secured an extension to its existing $3 million secured, non-converting loan facility, aimed at funding further advancement of its 100%-owned Gold Duke Project and supporting working capital requirements. The loan remains n...
Western Gold Resources boosts Gold Duke production outlook and project economics
Western Gold Resources has released an expanded scoping study for its Gold Duke Project, showing a substantial increase in planned output and improved project economics. The production target has been lifted by about 62% to 1.11 million tonnes at 1.7...
Western Gold Resources Performance Rights Lapse Reduces Potential Dilution
Western Gold Resources Ltd. has notified the market of changes to its issued capital, confirming the lapse of 3,200,000 performance rights.The securities, listed under the ASX code WGRAI, ceased on 25 August 2026 after the conditional rights became i...
Western Gold Resources Director Resigns and Forfeits Performance Rights
Western Gold Resources Limited has announced the resignation of director Ryan Mount, effective 25 August 2026, and disclosed his final interests in the company’s securities. Mount held 800,000 ordinary fully paid shares at the time he ceased to be a...
Western Gold Resources Faces Uncertainty After Wiluna Defers Toll Milling
Western Gold Resources has disclosed that Wiluna Mining Corporation, operator of a key processing mill, has decided to defer third-party toll treatment activities that WGR may have relied on for processing its ore. The company is now seeking further...
Western Gold Resources boosts Gold Duke Mineral Resource and confidence ahead of expanded study
Western Gold Resources has reported an updated Mineral Resource for its Gold Duke Project as at 30 June 2026, totalling 4.84 million tonnes at 1.8 grams per tonne gold for 277,000 ounces, prepared under the JORC 2012 Code and ASX reporting rules. The...
Western Gold Resources Updates Director Equity Following Performance Rights Vesting
Western Gold Resources Ltd. has reported a change in the interests of Director Ryan Mount, following the vesting of performance rights approved by shareholders at an extraordinary general meeting in June 2025. As a result of T1 performance securities...
Western Gold Resources Issues Shares on Vesting of Performance Rights
Western Gold Resources has issued 800,000 fully paid ordinary shares after unlisted T1 performance rights vested, following shareholder approval at its 2025 extraordinary general meeting and the holder’s successful achievement of performance criteria...
Western Gold Resources Seeks ASX Quotation for 800,000 New Incentive Shares
Western Gold Resources Ltd. has applied to the ASX for quotation of 800,000 ordinary fully paid shares issued under its employee incentive scheme. The new securities, to be quoted from 13 August 2026, expand the company’s quoted capital base and unde...
Western Gold Resources Advances Gold Duke Project With Expanded Scoping Study and Strong Cash Position
Western Gold Resources reported it ended the June 2026 quarter with a strong cash balance of $2.86 million and is benefiting from robust gold prices, enabling expansion of its flagship Gold Duke Project while advancing Stage 1 mining plans. The proje...
Western Gold Resources Launches Expanded Scoping Study for Gold Duke Project
Western Gold Resources has used an ongoing heritage consultation process at its Gold Duke Project to initiate an expanded scoping study ahead of mining. The review aims to optimise mine planning by integrating updated mineral resources, exploration u...
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 03, 2026