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WRX Stock Chart & Stats
AU$0.02
>-AU$0.01(-20.83%)
At close: 4:00 PM EDT
AU$0.02
>-AU$0.01(-20.83%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.06
Previous CloseN/A
Volume105.84K
Average Volume (3M)318.67K
Market Cap
AU$3.95M
Enterprise ValueAU$1.75M
Total Cash (Recent Filing)AU$2.11M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.95
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.07
Shares Outstanding157,904,070
10 Day Avg. Volume416,738
30 Day Avg. Volume318,669
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.23
Price to Sales (P/S)28.01
P/FCF Ratio-0.89
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 balance sheet with no reported debt and positive equity reduces refinancing and interest burden risks, giving the company structural financial flexibility. Over the next 2–6 months this improves survivability and optionality to fund operations or negotiate strategic partnerships without immediate leverage strain.
Relative Cash Conversion Vs Accounting LossesThat free cash flow losses are smaller than accounting losses suggests a portion of losses is non-cash, implying better underlying cash conversion than headline profits indicate. Structurally, this reduces short-term liquidation risk and extends runway versus a pure accrual-loss scenario, aiding near-term operational continuity.
Precious Metals Industry ExposureExposure to the other-precious-metals sector provides long-term structural demand drivers (store-of-value and commodity diversification). This industry positioning can support sustainable demand cycles and strategic optionality for project monetisation or offtake partnerships over a multi-month horizon.
Bears Say
Persistent Losses And Weak MarginsSustained multi-year losses and deeply negative operating and net margins indicate the business lacks operating leverage and consistent profitability. Over 2–6 months this undermines internal capital generation, hampers reinvestment, and raises ongoing funding needs unless structural cost or revenue improvements occur.
Ongoing Negative Cash FlowPersistent negative operating and free cash flow with deterioration in 2025 signals chronic cash burn. This structural cash shortfall increases reliance on external financing, dilutive capital raises, or asset sales, weakening long-term self-funded growth prospects and elevating execution risk over the medium term.
Declining Equity And Negative ROEFalling equity and materially negative ROE reflect sustained value erosion for shareholders. Structurally, this limits capital-raising headroom on favorable terms and may force dilutive financing or strategic asset disposals, compromising the company's ability to invest in growth or exploration over time.
Summit Minerals Limited News
WRX FAQ
What was Summit Minerals Limited’s price range in the past 12 months?
Summit Minerals Limited lowest share price was AU$0.01 and its highest was AU$0.06 in the past 12 months.
What is Summit Minerals Limited’s market cap?
Summit Minerals Limited’s market cap is AU$3.95M.
When is Summit Minerals Limited’s upcoming earnings report date?
Summit Minerals Limited’s upcoming earnings report date is Sep 24, 2026 which is in 51 days.
How were Summit Minerals Limited’s earnings last quarter?
Currently, no data Available
Is Summit Minerals Limited overvalued?
According to Wall Street analysts Summit Minerals Limited’s price is currently Overvalued.
Does Summit Minerals Limited pay dividends?
Summit Minerals Limited does not currently pay dividends.
What is Summit Minerals Limited’s EPS estimate?
Summit Minerals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Summit Minerals Limited have?
Summit Minerals Limited has 157,904,070 shares outstanding.
What happened to Summit Minerals Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Summit Minerals Limited?
Currently, no hedge funds are holding shares in AU:WRX
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
Summit Minerals Limited Stock Smart Score
Company Description
Summit Minerals Limited
Western Ridge Resources Limited, an Australian entity established in 2021 and headquartered in Peppermint Grove, specializes in identifying, acquiring, and advancing projects focused on battery and other critical minerals. Its exploration endeavors span Brazil, Canada, and Australia, specifically targeting deposits rich in niobium, tantalum, rare earth elements, uranium, and lithium pegmatites. The company's key holdings include the Equador Niobium Project and the Juazerinho Niobium Project, both strategically situated in the Borborema Pegmatitic Province of northeastern Brazil. The firm, which was formerly known as Summit Minerals Limited, officially adopted its current name, Western Ridge Resources Limited, in February 2026.
Technical Analysis
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