Western Mines Group Ltd (AU:WMG)
ASX:WMG
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WMG Stock Chart & Stats
AU$0.23
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.23
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.13 - AU$0.34
Previous CloseN/A
Volume4.06K
Average Volume (3M)114.91K
Market Cap
AU$19.92M
Enterprise ValueAU$15.98M
Total Cash (Recent Filing)AU$3.14M
Total Debt (Recent Filing)AU$68.86K
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Jul 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding113,800,970
10 Day Avg. Volume52,334
30 Day Avg. Volume114,906
Financial Highlights & Ratios
PEG Ratio3.38
Price to Book (P/B)1.20
Price to Sales (P/S)1383.95
P/FCF Ratio-4.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetA debt-free balance sheet and materially higher equity over several years materially reduce refinancing and solvency risk for an exploration company. This structural strength gives management time to advance projects, attract JV partners, or fund work without immediate lender pressure, supporting long-term optionality.
Strategic Focus On Battery MetalsConcentrating exploration on nickel, copper and cobalt aligns the company with secular demand for battery and electrification metals. This strategic commodity mix improves the odds of attracting corporates and strategic farm-ins, increasing long-term monetisation pathways vs undifferentiated exploration targets.
Improving Free Cash Flow TrendAn improvement in free cash flow, even from negative levels, signals operational progress and modestly reduced burn. If sustained, this trend lessens near-term funding dependence, extends runway, and demonstrates management can extract greater efficiency from exploration spend over successive periods.
Bears Say
Persistent Cash BurnContinued negative operating and free cash flow represent a durable financing need for an exploration business. Persistent burn forces repeated capital raises or partner-funded deals, risks dilution for existing shareholders, and constrains the ability to sustain extensive drilling or resource definition without external funding.
Firmly Loss-making With Inconsistent RevenueConsistent losses and near-zero, inconsistent revenue indicate the company has not demonstrated operating leverage or a path to self-sustaining cash generation. For an explorer, lack of monetisation events raises execution risk and lengthens the timeline before returns to equity holders can materialise.
Dependence On Capital Markets And PartnersRelying on equity issuance, farm-outs or asset sales is a structural funding model that exposes the company to market cycles and partner appetite. This dependence can lead to dilution, timing risk for project advancement, and limited control over project economics if third parties fund development.
Western Mines Group Ltd News
WMG FAQ
What was Western Mines Group Ltd’s price range in the past 12 months?
Western Mines Group Ltd lowest share price was AU$0.13 and its highest was AU$0.34 in the past 12 months.
What is Western Mines Group Ltd’s market cap?
Western Mines Group Ltd’s market cap is AU$19.92M.
When is Western Mines Group Ltd’s upcoming earnings report date?
Western Mines Group Ltd’s upcoming earnings report date is Jul 10, 2026 which is in 23 days.
How were Western Mines Group Ltd’s earnings last quarter?
Western Mines Group Ltd released its earnings results on Mar 12, 2026. The company reported -AU$0.023 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.023.
Is Western Mines Group Ltd overvalued?
According to Wall Street analysts Western Mines Group Ltd’s price is currently Overvalued.
Does Western Mines Group Ltd pay dividends?
Western Mines Group Ltd does not currently pay dividends.
What is Western Mines Group Ltd’s EPS estimate?
Western Mines Group Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Western Mines Group Ltd have?
Western Mines Group Ltd has 113,800,970 shares outstanding.
What happened to Western Mines Group Ltd’s price movement after its last earnings report?
Western Mines Group Ltd reported an EPS of -AU$0.023 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.5%.
Which hedge fund is a major shareholder of Western Mines Group Ltd?
Currently, no hedge funds are holding shares in AU:WMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Western Mines Group Ltd Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.27%
12-Months-Change
Fundamentals
Return on Equity
-22.76%
Trailing 12-Months
Asset Growth
29.61%
Trailing 12-Months
Company Description
Western Mines Group Ltd
Founded in 2020 and based in West Perth, Australia, Western Mines Group Ltd is a mineral exploration firm dedicated to identifying and advancing mineral properties throughout Australia. The company's exploration efforts primarily target nickel, copper, platinum group elements, and gold deposits. Its cornerstone asset is the Mulga Tank project, an extensive holding of approximately 395 square kilometers located in the east-northeast Yilgarn Craton, Western Australia. This project is secured by exploration license E39/2132 and license applications E39/2223 and E39/2299. Beyond Mulga Tank, Western Mines Group possesses a diverse array of other ventures. The Jasper Hill project, for instance, covers 71.4 square kilometers under exploration licenses E39/2073 and E39/2079, along with prospecting license application P39/6267. Another notable asset is the Rock of Ages Project, a 9.71-hectare prospecting license situated southeast of Laverton. Furthermore, the company's portfolio includes interests in several additional projects: the Melita Project (an exploration license covering about 105 sq km); the Pavarotti Project (12.8 sq km under exploration license E77/2478 and application E77/2746); the Pinyalling Project (a 55 sq km exploration license application); the Youanmi Project (12 sq km, comprising exploration license E57/1119 and prospecting license P57/1450); and the Broken Hill Bore Project (a 2.6 sq km exploration license also within Western Australia's Yilgarn Craton).
Technical Analysis
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Options Prices
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