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Westar Resources Bolsters Cash Position with Equity Raising Amid Exploration Outflows

Story Highlights
  • Westar reported operating and investing cash outflows driven by exploration and corporate costs.
  • An equity raising delivered net financing inflows, supporting Westar’s cash position for ongoing exploration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Westar Resources Bolsters Cash Position with Equity Raising Amid Exploration Outflows

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Westar Resources Ltd. ( (AU:WSR) ) just unveiled an update.

Westar Resources Limited reported its quarterly cash flow for the period ended 31 December 2025, showing net operating cash outflows of A$203,000 and investing outflows of A$83,000, largely attributable to exploration and evaluation spending and corporate overheads. These outflows were offset by A$449,000 raised through equity issuance, resulting in net financing inflows of A$441,000 after transaction costs and leaving the company with a cash balance of A$1.203 million at the start of the period and A$1.104 million at quarter end, underscoring its dependence on capital markets to fund ongoing exploration activities and sustain its project pipeline.

The most recent analyst rating on (AU:WSR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Westar Resources Ltd. stock, see the AU:WSR Stock Forecast page.

More about Westar Resources Ltd.

Westar Resources Limited is an Australian-listed mining exploration company focused on early-stage mineral exploration and evaluation activities rather than production. The company’s operations are centred on identifying and advancing resource projects, with expenditure directed mainly toward exploration programs, staff, and corporate administration.

Technical Sentiment Signal: Sell

Current Market Cap: A$2.98M

Find detailed analytics on WSR stock on TipRanks’ Stock Analysis page.

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