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WRX Stock Chart & Stats
AU$0.04
>-AU$0.01(-3.13%)
At close: 4:00 PM EST
AU$0.04
>-AU$0.01(-3.13%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.06
Previous CloseN/A
VolumeN/A
Average Volume (3M)318.67K
Market Cap
AU$2.84M
Enterprise ValueAU$1.75M
Total Cash (Recent Filing)AU$1.41M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.04
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
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 SheetHaving no reported debt materially lowers fixed financial commitments and reduces bankruptcy risk, giving durable strategic flexibility. This structural strength extends runway versus indebted peers, aiding the company’s ability to pursue operational priorities or secure non-debt financing without immediate interest burdens.
Sustained Positive EquityMaintaining positive equity across 2023–2025 provides a tangible net-asset buffer that supports solvency despite operating losses. This persistent book-value cushion preserves creditor confidence and allows management time to execute restructuring or resource plans without immediate insolvency pressure.
Cash Losses Smaller Than Accounting LossesFree cash flow being consistently less negative than accounting losses implies a portion of losses are non-cash. That structural gap reduces immediate liquidity strain compared with headline losses, lowering short-term financing urgency and giving management more time to improve operations or monetize assets.
Bears Say
Persistent Operating LossesSustained losses and deeply negative margins across multiple years indicate the company is failing to generate core profitability. This structural unprofitability erodes reinvestment capacity, weakens competitive positioning, and means recovery depends on meaningful revenue growth or cost restructuring rather than transitory improvements.
Consistent Negative Cash GenerationRepeated negative operating and free cash flow, with deterioration in 2025, shows the business consumes cash and cannot self-fund operations. This structural cash deficit increases reliance on external capital, raises dilution and funding-risk over the medium term, and constrains sustained investment in growth or exploration.
Eroding Equity And Negative ROEA decline in equity and meaningfully negative ROE signal capital erosion and shareholder-value destruction. Over time this reduces the company’s ability to raise equity without heavy dilution, undermines investor confidence, and indicates current operations are failing to generate acceptable returns on invested capital.
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$0.02 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$2.84M.
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 86 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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Options Prices
Currently, No data available
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