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WIA Gold Limited (WIA) AI Stock Analysis

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AU:WIA

WIA Gold Limited

(ASX:WIA)

Select Model
Rating:44Neutral
Price Target:AUD 0.38â–¼(-4.25% Downside)
Action:reiterated
Date:10/24/26

Overall score is driven primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn) and bearish technical positioning (price below key moving averages with negative MACD). A debt-free balance sheet and growing equity base provide some support, but valuation is constrained by negative earnings and no dividend yield data.

Positive Factors
Debt-free balance sheetThe absence of reported debt reduces solvency and refinancing pressure while preserving financial flexibility. This gives WIA greater capacity to fund exploration, absorb periods of weak operating performance, and pursue project development without a recurring interest burden.
Negative Factors
No operating revenueThe absence of reported revenue indicates that WIA remains pre-production and has not yet converted its exploration portfolio into operating sales. This limits internal funding capacity and leaves future financial performance dependent on successful project advancement or transactions.

WIA Gold Limited (WIA) vs. iShares MSCI Australia ETF (EWA)

-20%0%20%40%60%80%AU:WIA+15.94%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 798.68M
Dividend Yield
―
Average Volume (3M)
1.88M
Price to Earnings (P/E)
-43.0
Beta (1Y)
0.92
Revenue Growth
―
EPS Growth
-138.46%
Country
Australia
Employees
26
Sector
Basic Materials
Sector Strength
61
Industry
Gold

WIA Gold Limited Business Overview & Revenue Model

Company Description

WIA Gold Limited, an Australian company incorporated in 2010 and based in West Perth, is engaged in the discovery and assessment of mineral resources. The company's core business involves exploring and evaluating sites rich in gold, copper, and other...

WIA Gold Limited Financial Statement Overview

Summary

Financial profile is weak: no revenue reported across 2022–2026, losses widened materially in 2026, and operating/free cash flow remain negative (ongoing cash burn). The key offset is a conservatively financed balance sheet with no reported debt and a sharply higher equity/asset base, providing funding flexibility but not yet demonstrating a self-sustaining operation.

Income Statement

8Very Negative

Balance Sheet

62Positive

Cash Flow

24Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue000000
Gross Profit-80.51K-80.51K-66.65K-38.26K-44.07K-1,250
EBITDA-6.34M-6.34M-5.28M-3.58M-1.48M-1.35M
Net Income-13.49M-13.49M-5.09M-3.62M-1.52M-1.35M
Balance Sheet
Total Assets176.81M176.81M72.39M43.77M17.23M11.76M
Cash, Cash Equivalents and Short-Term Investments119.07M119.07M29.01M15.05M1.22M2.32M
Total Debt000000
Total Liabilities2.92M2.92M1.28M1.17M278.76K204.67K
Stockholders Equity164.06M164.06M70.21M41.43M16.83M11.56M
Cash Flow
Free Cash Flow-1.42M-1.42M-640.47K-11.92M-7.17M-6.37M
Operating Cash Flow-1.37M-1.37M-450.11K-1.32M-749.53K-819.80K
Investing Cash Flow-22.99M-22.99M-15.29M-10.74M-6.52M-6.26M
Financing Cash Flow114.43M114.43M29.65M25.90M6.16M4.31M

WIA Gold Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.40

Price Trends

50DMA0.46Negative
100DMA0.46Negative
200DMA0.47Negative

Market Momentum

MACD-0.02Positive
RSI34.73Neutral
STOCH15.66Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WIA, the sentiment is Negative. The current price of 0.40 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.46, and below the 200-day MA of 0.47, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 34.73 is Neutral, neither overbought nor oversold. The STOCH value of 15.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WIA.

WIA Gold Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:WIA against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:PNRAU:PNR82OutperformAUD 1.11B10.2119.17%―34.55%98.48%
AU:WGXAU:WGX76OutperformAUD 4.97B11.2619.72%1.89%79.44%1173.17%
AU:CYLAU:CYL73OutperformAUD 1.03B5.9426.71%―74.85%43.38%
AU:BC8AU:BC868NeutralAUD 419.16M4.8225.37%―909.33%―
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:SBMAU:SBM47NeutralAUD 1.01B-19.74-6.68%6.06%17.55%40.51%
AU:WIAAU:WIA44NeutralAUD 798.68M-43.01-10.60%――-138.46%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%AU:WIAAU:CYLAU:PNRAU:SBMAU:WGXAU:BC8Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:WIA and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:WIAWIA Gold Limited0.400.0514.29%
AU:CYLCatalyst Metals Limited3.92-3.15-44.55%
AU:PNRPantoro Gold Limited2.86-2.19-43.37%
AU:SBMSt. Barbara Ltd.0.820.3470.10%
AU:WGXWestgold Resources Ltd5.290.081.44%
AU:BC8Black Cat Syndicate Ltd.0.57-0.39-40.10%

WIA Gold Limited Corporate Events

Wia Gold Secures Funding Path as Kokoseb DFS Confirms Strong Economics

Oct 19, 2026

Wia Gold Limited reported a transformational quarter marked by the completion of a Definitive Feasibility Study for its Kokoseb Gold Project in Namibia, confirming robust technical and economic viability. The DFS outlines average annual production of...

Wia Gold Sets November Date for AGM, Pushes Online Proxies

Oct 19, 2026

Wia Gold Limited has invited shareholders to attend its Annual General Meeting in Perth on 19 November 2026, underscoring its commitment to formal governance in the Australian gold exploration sector. The meeting will be held at Herbert Smith Freehil...

Wia Gold Drilling Boosts Underground Potential at Namibia’s Kokoseb Project

Oct 12, 2026

Wia Gold Limited has reported new assay results from 33 diamond drill holes totalling 18,476 metres at the Kokoseb Gold Project, reinforcing the underground growth potential beneath the planned open pit. Drilling across the Underground Resource Envel...

WIA Gold Issues New Performance Rights to Support Long-Term Growth

Sep 29, 2026

WIA Gold Limited has notified the market of the issue of 2,000,000 unquoted performance rights, expiring on September 25, 2031, with an issue date of September 25, 2026. The new class of securities, to be confirmed by ASX, underscores the company&#82...

WIA Gold Seeks ASX Quotation for 294 Million New Shares

Sep 28, 2026

WIA Gold Limited has applied for quotation on the ASX of 294,117,648 new ordinary fully paid shares, with an issue date of 28 September 2026. The large share issuance, arising from previously announced transactions, will expand the company’s li...

Wia Gold refreshes board and executive roles as Kokoseb project advances

Sep 27, 2026

Wia Gold Limited has strengthened its board by appointing veteran exploration geologist Jamie Day as a Non-Executive Director, adding deep technical expertise and a proven discovery track record from previous roles at Liontown Resources and Independe...

Wia Gold Sets November Date for 2026 AGM and Director Nomination Deadline

Sep 24, 2026

Wia Gold Limited has scheduled its 2026 annual general meeting for 19 November 2026, providing shareholders with a formal forum to receive updates, vote on resolutions and engage with the company’s governance framework. The meeting timing under...

Wia Gold Builds Optionality for Kokoseb Plant Expansion to 7Mtpa

Sep 24, 2026

Wia Gold Limited has identified engineering changes at its Kokoseb Gold Project that would allow a future increase in process plant throughput from the current Definitive Feasibility Study basis of 5.25 million tonnes per annum to about 7.0 million t...

Wia Gold Details 2026 Corporate Governance Framework

Sep 23, 2026

Wia Gold Limited has released its 2026 Corporate Governance Statement, outlining a board-driven framework designed to align with the ASX Corporate Governance Council’s Principles and Recommendations. The board emphasizes high standards of ethic...

WIA Gold Releases Comprehensive 2026 Annual Report

Sep 23, 2026

WIA Gold Limited has released its 2026 Annual Report, providing shareholders with a comprehensive overview of the company’s governance, operational review, and audited financial statements. The report includes detailed sections such as the Chai...

Wia Gold Issues New Shares on Performance Right Conversion, Confirms Compliance

Sep 18, 2026

Wia Gold Limited has issued 523,571 fully paid ordinary shares following the conversion of performance rights, expanding its share capital without preparing a prospectus. The company noted that the issuance was conducted under applicable exemptions,...

WIA Gold Options Lapse, Simplifying Capital Structure

Sep 18, 2026

WIA Gold Limited has announced the lapse of 2,044,463 options (ASX code WIAAAJ) that were due to expire on 5 April 2029, after the conditional rights attached to these securities were not, or could no longer be, satisfied as of 16 September 2026. Thi...

Wia Gold Issues Shares on Conversion of Performance Rights

Sep 10, 2026

Wia Gold Limited has issued 176,640 fully paid ordinary shares following the conversion of performance rights, as recorded on 10 September 2026. The shares were issued without a prospectus under the Corporations Act’s exemption provisions, indi...

WIA Gold Lists New Employee Incentive Shares on ASX

Sep 10, 2026

WIA Gold Limited has applied for quotation on the ASX of 176,640 fully paid ordinary shares issued on 8 September 2026 under an employee incentive scheme. The new securities, trading under the existing WIA code, will be listed without transfer restri...

WIA Gold Cuts 800,000 Lapsed Performance Rights From Capital Structure

Sep 9, 2026

WIA Gold Limited has announced the cessation of 800,581 performance rights expiring in October 2029 after the conditional rights lapsed because the specified conditions were not met or became incapable of being satisfied. The adjustment marginally re...

WIA Gold Issues New Unquoted Performance Rights Under Employee Incentive Scheme

Sep 9, 2026

WIA Gold Limited has issued a total of 2,224,459 unquoted performance rights under its employee incentive scheme. These securities, which are not intended to be quoted on the ASX, comprise rights expiring in September 2030 and September 2031 and are...

Regal Partners Ceases to Be Substantial Holder in WIA Gold

Aug 25, 2026

Regal Partners Funds Management Pty Limited and its associated entities have disclosed changes in their holding of WIA Gold Ltd ordinary shares, documenting a series of on-market purchases and subsequent sales over November and December 2025. These t...

WIA Gold Director El-Raghy Increases Indirect Shareholding via On-Market Purchase

Aug 23, 2026

WIA Gold Limited has disclosed a change in director Josef El-Raghy’s indirect interests, following an on-market purchase of additional ordinary shares. Through entities Montana Realty Pty Ltd and El-Raghy Kriewaldt Pty Ltd, his indirect holding...

WIA Gold Sets September General Meeting, Pushes Online Proxies

Aug 19, 2026

WIA Gold Limited has called a General Meeting of shareholders to be held at its Subiaco offices in Western Australia at 10:00 a.m. AWST on Friday, 18 September 2026. The company is transitioning to primarily electronic distribution of its Notice of M...

WIA Gold Reaffirms Robust Kokoseb Gold Study and Resource Upgrade

Aug 11, 2026

WIA Gold Limited has released an investor presentation dated 10 August 2026 outlining the status of its Kokoseb gold project in Namibia, including updated mineral resource and ore reserve information and a definitive feasibility study. The company re...

WIA Gold Plans Major Share Issue to Fund Growth

Aug 11, 2026

WIA Gold Limited is an Australian-listed gold exploration and development company whose ordinary fully paid shares trade on the ASX under the ticker WIA. Operating in the gold mining and resources industry, the company relies on equity markets to fin...

Wia Gold Secures A$125m Placement to Fully Fund Kokoseb Mine Development

Aug 11, 2026

Wia Gold Limited has secured firm commitments for a A$125 million equity placement at A$0.425 per share to fund the Kokoseb Gold Project through construction to first gold production. The offer price is set at no discount to the last traded price and...

Wia Gold Reaffirms Kokoseb Gold Project Metrics and Risks

Aug 10, 2026

Wia Gold Limited has released a presentation outlining the status of its Kokoseb gold project in Namibia, framed by extensive disclaimers on the informational nature of the document. The company underscores that the presentation should be read alongs...

Wia Gold’s Kokoseb DFS Confirms Strong Economics and Secures Indicative US$375m Funding Path

Aug 10, 2026

Wia Gold has completed a Definitive Feasibility Study for its Kokoseb Gold Project in Namibia, confirming a maiden JORC Probable Ore Reserve of 69.8 million tonnes at 0.87 grams per tonne for 1.95 million ounces of gold and outlining a 14-year open p...

Wia Gold Boosts Kokoseb Resource 29% to 3.78Moz with Maiden Underground Estimate

Aug 10, 2026

Wia Gold Limited has reported a 29% increase in the Mineral Resource Estimate at its Kokoseb Gold Project in Namibia, taking the total to 3.78 million ounces of gold. The updated estimate comprises 113 million tonnes grading 1.0 grams per tonne, incl...

Wia Gold Halts Trading Ahead of Capital Raising Announcement

Aug 9, 2026

Wia Gold Limited has requested a trading halt on its securities on the ASX, effective from the start of trading on 10 August 2026, as it prepares a market announcement. The halt is expected to last until either the release of the announcement or the...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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 24, 2026