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West Cobar Metals Ltd.
(Sydney:WC1)
West Cobar Metals Ltd. (WC1) vs. iShares MSCI Australia ETF (EWA)
West Cobar Metals Ltd. Business Overview & Revenue Model
West Cobar Metals Ltd. Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 51.47K | 43.71K | 0.00 | 20.00K |
| Gross Profit | -19.00K | 51.47K | 43.71K | -30.09K | 20.00K |
| EBITDA | -1.50M | -3.12M | -1.26M | -1.22M | -496.95K |
| Net Income | -1.52M | -3.15M | -1.30M | -1.23M | -504.15K |
Balance Sheet | |||||
| Total Assets | 8.64M | 12.02M | 13.58M | 4.54M | 473.31K |
| Cash, Cash Equivalents and Short-Term Investments | 309.27K | 255.92K | 2.33M | 3.17M | 352.51K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 70.00K |
| Total Liabilities | 369.59K | 891.29K | 888.52K | 193.03K | 176.79K |
| Stockholders Equity | 8.27M | 11.13M | 12.69M | 4.35M | 296.52K |
Cash Flow | |||||
| Free Cash Flow | -1.70M | -3.70M | -2.96M | -2.07M | -77.70K |
| Operating Cash Flow | -1.70M | -622.31K | -864.07K | -738.82K | -22.27K |
| Investing Cash Flow | 57.06K | -2.34M | -2.10M | -1.40M | -95.43K |
| Financing Cash Flow | 1.72M | 978.67K | 2.12M | 4.95M | 420.01K |
West Cobar Metals Ltd. Technical Analysis
West Cobar Metals Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | ― | -1.79 | -15.66% | ― | ― | 63.53% | |
51 Neutral | AU$7.14M | -1.17 | -127.51% | ― | 168.85% | 13.51% | |
45 Neutral | AU$4.87M | -7.90 | -66.08% | ― | ― | 80.88% | |
43 Neutral | AU$52.10M | -2.79 | -51.49% | ― | ― | 5.93% | |
43 Neutral | AU$3.76M | -0.22 | -37.62% | ― | ― | 76.76% | |
41 Neutral | AU$18.94M | -3.52 | -32.31% | ― | ― | 69.23% |
West Cobar Metals Ltd. Corporate Events
West Cobar Metals has reported the expiry of 600,000 WC1AO options, which carried an exercise price of $0.10 and were due to expire on 21 February 2026. The options lapsed without being exercised, slightly reducing the company’s pool of potential future share issuances and clarifying its current issued capital structure for investors.
The most recent analyst rating on (AU:WC1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on West Cobar Metals Ltd. stock, see the AU:WC1 Stock Forecast page.
West Cobar Metals has updated the market on changes to its capital structure following the expiry of a series of listed options. The company reported that 1,200,000 options, exercisable at $0.10 and due to expire on 8 February 2026, have lapsed without being exercised.
The cessation of these options reduces the pool of potential future shares and eliminates a possible source of dilution for existing shareholders. This adjustment may marginally streamline the company’s equity base and provides clarity for investors regarding its outstanding securities.
The most recent analyst rating on (AU:WC1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on West Cobar Metals Ltd. stock, see the AU:WC1 Stock Forecast page.
West Cobar Metals has confirmed that antimony grades at its Bulla Park copper‑antimony‑silver deposit are higher than previously reported, after re‑assaying core from drill holes BPD08 and BPD09 using a peroxide fusion method. The company found that the older four‑acid digest method had underestimated antimony concentrations, and plans to incorporate the higher grades in future resource estimates.
Bulla Park currently hosts an inferred mineral resource of 20 million tonnes at 0.58% copper equivalent containing 60,000 tonnes of copper, 20,000 tonnes of antimony and 3 million ounces of silver, with mineralisation remaining open along strike and down dip. West Cobar also outlined a conceptual exploration target of 30 to 50 million tonnes beyond the current resource, and is planning about 5,000 metres of drilling from 2026 to test this potential and possibly expand the resource base.
The most recent analyst rating on (AU:WC1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on West Cobar Metals Ltd. stock, see the AU:WC1 Stock Forecast page.
West Cobar Metals reported solid progress across its portfolio in the December 2025 quarter, led by the launch of a comprehensive metallurgical testwork program at the Salazar Critical Minerals Project in Western Australia to assess the potential for a lower‑capex heap leach operation and to prioritise production of a mixed rare earth carbonate product, with additional focus on scandium and gallium recovery and the advancement of a gallium Mineral Resource estimate. The company also advanced its gold and base‑metal growth options, confirming widespread gold mineralisation in air‑core drilling at the Mystique Project while applying for a substantial expansion of prospective ground, and initiating re‑assaying and planning new drilling at the Bulla Park copper‑antimony project to address previously under‑reported antimony grades and target higher‑grade mineralisation and additional tonnage, which could enhance the scale and value of its exploration assets for investors and strategic partners.
The most recent analyst rating on (AU:WC1) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on West Cobar Metals Ltd. stock, see the AU:WC1 Stock Forecast page.
West Cobar Metals has reported an initial inferred mineral resource estimate of 263 million tonnes at 26 ppm gallium at its Salazar Critical Minerals Project, covering the Newmont and O’Connor deposits within the existing rare earth resource envelope. The gallium, hosted in saprolitic clays where metallurgical work indicates it can potentially be recovered alongside rare earths and scandium, adds a new high-value by-product to Salazar’s already substantial basket of critical minerals, with further drilling expected to expand the resource, particularly around Newmont, O’Connor, Glenmorangie and Talisker. Against a backdrop of Chinese export restrictions and Australia’s move to include gallium in its planned Critical Minerals Strategic Reserve, the new resource strengthens West Cobar’s strategic positioning as a potential Western supplier of gallium and other critical minerals, and management argues that the multi-product extraction pathway and favourable leaching characteristics could materially improve overall project economics.
The most recent analyst rating on (AU:WC1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on West Cobar Metals Ltd. stock, see the AU:WC1 Stock Forecast page.
West Cobar Metals has welcomed the Australian Federal Government’s detailed plans for a $1.2 billion Critical Minerals Strategic Reserve, which will initially prioritise rare earths, gallium and antimony—commodities that are central to the company’s project portfolio. Management highlighted that Salazar already hosts substantial rare earth resources and metallurgical testwork indicates potential co‑product streams of scandium and gallium, while a maiden gallium resource is being prepared and Bulla Park contains a sizeable copper‑antimony‑silver resource, leaving the company well aligned to benefit from policy support aimed at shoring up long‑term critical mineral supply and strengthening Australia’s strategic position in these markets.
The most recent analyst rating on (AU:WC1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on West Cobar Metals Ltd. stock, see the AU:WC1 Stock Forecast page.
West Cobar Metals Ltd. has announced significant progress across its key projects. At the Salazar Critical Minerals Project in Western Australia, metallurgical testing is underway to evaluate a heap leach extraction method for rare earth elements and other critical minerals, with plans to expand the resource estimate by incorporating gallium. The Bulla Park Copper-Antimony Project in New South Wales is advancing with re-assaying and an upcoming drilling program aimed at unlocking higher grades and larger resource potential. Meanwhile, the initial drilling at the Mystique Gold Project in Western Australia has revealed widespread gold mineralization, leading to a significant tenement expansion in the area. These developments underline the company’s commitment to strengthening its position in critical minerals and gold exploration, addressing rising global demand and benefiting stakeholders.
West Cobar Metals Ltd. has announced a change in the interests of its director, Matt Szwedzicki, due to the expiry of 180,000 options that were exercisable at $0.10 before December 10, 2025. This change in securities does not alter the overall number of shares held by the director, maintaining his position within the company.
West Cobar Metals Ltd. announced the cessation of 2,460,000 securities due to the expiry of options or other convertible securities without exercise or conversion as of December 10, 2025. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s future financial strategies and market positioning.
West Cobar Metals Limited has announced the appointment of Lincoln Xi Victor Liu as a director, effective December 8, 2025. Liu holds 836,364 fully paid ordinary shares and 200,000 WC10 listed options with an exercise price of $0.06, expiring on June 30, 2028. This appointment and the director’s significant shareholding may influence the company’s strategic direction and stakeholder confidence.