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West Cobar Metals Ltd.
(Sydney:WC1)
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Rating:46Neutral
Price Target:
AU$0.02
▼(-25.00% Downside)
Action:Reiterated
Date:05/28/26
The score is primarily held down by weak financial performance—minimal/volatile revenue, ongoing losses, and sustained cash burn—partly cushioned by a no-debt balance sheet. Technical indicators are neutral-to-soft with limited trend strength, and valuation is challenged by a negative P/E and no dividend yield.
Positive Factors
Conservative balance sheet (no debt)
Maintaining zero reported debt reduces refinancing and interest burden risk, preserving flexibility to fund exploration from equity or partnerships. Over a 2–6 month horizon this structural conservatism lowers solvency risk and supports continuity of capital-intensive exploration programs.
Negative Factors
Consistent negative operating cash flow
Persistent negative operating cash flow indicates the company cannot self-fund exploration or development. Over months this necessitates recurring external funding, raising dilution or financing risk and constraining the pace of resource advancement and long-term project funding flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet (no debt)
Maintaining zero reported debt reduces refinancing and interest burden risk, preserving flexibility to fund exploration from equity or partnerships. Over a 2–6 month horizon this structural conservatism lowers solvency risk and supports continuity of capital-intensive exploration programs.
Read all positive factors
West Cobar Metals Ltd. (WC1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.86M
Dividend YieldN/A
Average Volume (3M)2.12M
Price to Earnings (P/E)―
Beta (1Y)1.35
Revenue GrowthN/A
EPS Growth82.73%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding415,922,850
10 Day Avg. Volume5,114,446
30 Day Avg. Volume2,120,386
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.33
Price to Sales (P/S)0.00
P/FCF Ratio-1.60
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
West Cobar Metals Ltd. Business Overview & Revenue Model
Company Description
West Cobar Metals Limited is an Australian enterprise primarily engaged in the exploration for mineral resources. The company's endeavors focus on discovering deposits of copper, lead, gold, silver, and various base metals. Its extensive portfolio...
How the Company Makes Money
null...
West Cobar Metals Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 51.47K | 43.71K | 0.00 | 20.00K |
| Gross Profit | -17.52K | -19.00K | 51.47K | 43.71K | -30.09K | 20.00K |
| EBITDA | -1.55M | -1.50M | -3.12M | -1.26M | -1.22M | -496.95K |
| Net Income | -1.42M | -1.52M | -3.15M | -1.30M | -1.23M | -504.15K |
Balance Sheet | ||||||
| Total Assets | 10.01M | 8.64M | 12.02M | 13.58M | 4.54M | 473.31K |
| Cash, Cash Equivalents and Short-Term Investments | 1.65M | 309.27K | 255.92K | 2.33M | 3.17M | 352.51K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 70.00K |
| Total Liabilities | 300.23K | 369.59K | 891.29K | 888.52K | 193.03K | 176.79K |
| Stockholders Equity | 9.71M | 8.27M | 11.13M | 12.69M | 4.35M | 296.52K |
Cash Flow | ||||||
| Free Cash Flow | -1.45M | -1.70M | -3.70M | -2.96M | -2.07M | -77.70K |
| Operating Cash Flow | -1.45M | -1.70M | -622.31K | -864.07K | -738.82K | -22.27K |
| Investing Cash Flow | -408.47K | 57.06K | -2.34M | -2.10M | -1.40M | -95.43K |
| Financing Cash Flow | 2.96M | 1.72M | 978.67K | 2.12M | 4.95M | 420.01K |
West Cobar Metals Ltd. Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
42.94
Neutral
127.78
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WC1, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.94 is Neutral, neither overbought nor oversold. The STOCH value of 127.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WC1.
West Cobar Metals Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
51 Neutral | AU$6.95M | -2.96 | -58.04% | ― | -100.00% | -317.54% | |
46 Neutral | AU$6.86M | -2.81 | -15.83% | ― | ― | 82.73% | |
45 Neutral | AU$6.60M | -2.05 | -67.76% | ― | ― | 64.10% | |
44 Neutral | AU$7.00M | -3.05 | -69.86% | ― | ― | ― | |
43 Neutral | AU$7.00M | -1.03 | -184.19% | ― | ― | 8.00% |
* Basic Materials Sector Average
AU:WC1
West Cobar Metals Ltd.
0.02
>-0.01
-11.11%
AU:AUV
Sipa Resources Limited
0.01
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-50.00%
AU:AAJ
Aruma Resources Limited
0.01
0.00
0.00%
AU:A8G
Australasian Metals Limited
0.12
0.05
79.10%
AU:R8R
Regener8 Resources NL
0.12
>-0.01
-2.54%
AU:49M
49 Metals Limited
0.09
-0.07
-44.24%
West Cobar Metals Ltd. Corporate Events
West Cobar drops Baxter deal, sharpens focus on Australian critical minerals and copper
Jul 8, 2026
West Cobar Metals has terminated its planned acquisition of the Baxter Fluorspar Project in Nevada after the asset failed due diligence, citing land title risks linked to a proposed expansion of a nearby military zone. The company said that despit...
West Cobar Targets High-Grade Scandium and Low-Cost Processing at Salazar
Jul 7, 2026
West Cobar Metals has completed a detailed review of the scandium potential at its Salazar Critical Minerals project, confirming an existing inferred resource of 15Mt at 153ppm Sc2O3 and identifying priority drill targets with higher-grade interce...
West Cobar Director Increases Indirect Shareholding via On-Market Purchase
Jun 26, 2026
West Cobar Metals Limited reported a change in the indirect shareholding of director Matt Szwedzicki, disclosed under ASX listing rule requirements. Szwedzicki, through South Westerley Pty Ltd as trustee of the South Westerley Trust, increased his...
West Cobar Metals updates director’s indirect shareholding
Jun 23, 2026
West Cobar Metals has reported a change in the indirect holdings of director Matt Szwedzicki, as required under ASX listing rules. The update reflects trading by South Westerley Pty Ltd, an entity associated with Szwedzicki, and clarifies his revi...
West Cobar Metals Lapses 1.5 Million Performance Rights After Unmet Conditions
Jun 23, 2026
West Cobar Metals has announced the lapse of 1.5 million performance rights, identified under the ASX security code WC1AK, after the conditions attached to these rights were not met or became incapable of being satisfied as of June 22, 2026. The c...
West Cobar accelerates critical minerals projects across U.S. and Australia
Jun 22, 2026
West Cobar Metals has accelerated multiple critical minerals workstreams after a recent capital raising, advancing due diligence and exploration at the newly acquired Baxter Fluorspar Project in Nevada, one of the few historically high‑grade...
West Cobar Metals Raises Capital via Share Placement to Sophisticated Investors
Jun 21, 2026
West Cobar Metals Limited has issued 61,832,116 fully paid ordinary shares at $0.017 per share to professional and sophisticated investors under a placement using its existing ASX Listing Rule 7.1 and 7.1A capacity. The company confirmed the share...
West Cobar Metals Issues 5 Million Unquoted Options Under Prior Deal
Jun 21, 2026
West Cobar Metals has notified the market of the issue of 5,000,000 unquoted options, exercisable at $0.04 and expiring on 15 May 2028, with an issue date of 19 June 2026. These options form part of a previously announced transaction and are not q...
West Cobar seeks ASX trading halt ahead of U.S. acquisition and capital raise
Jun 8, 2026
West Cobar Metals Limited has requested a trading halt on its securities on the ASX, effective immediately, as it prepares to release details of a U.S. project acquisition and an associated capital raising. The halt will remain in place until the ...
West Cobar Metals Updates Director’s Lapsed Options Holding
Jun 4, 2026
West Cobar Metals Limited has reported a change in the interests of director Matt Szwedzicki, reflecting the expiry of a tranche of unlisted options. The options, held indirectly through South Westerley Pty Ltd as trustee for the South Westerley T...
West Cobar Metals Director’s Option Holdings Reduced After Expiry
Jun 4, 2026
West Cobar Metals Limited has reported a change in director Ronald Roberts’ relevant interests following the expiry of a tranche of options. The 2,000,000 options exercisable at $0.25 that were due to expire on 3 June 2026 have lapsed, leavi...
West Cobar Metals Options Lapse, Clarifying Capital Structure
Jun 4, 2026
West Cobar Metals has announced the cessation of 9,500,000 listed options (WC1AD), which expired on 3 June 2026 with an exercise price of A$0.25 and were not exercised or converted. The expiry slightly reduces the company’s potential future ...
West Cobar flags low-cost scandium pathway at Salazar project
May 26, 2026
West Cobar Metals has reported promising metallurgical outcomes from its Salazar Critical Minerals Project in Western Australia, indicating a potential low-cost pathway to recover scandium. The project’s shallow saprolite-hosted resource and...
West Cobar Secures District-Scale Copper Position in Cobar Basin
May 21, 2026
West Cobar Metals has secured exploration licence EL9915, expanding its Cobar Basin copper footprint to about 1,090 square kilometres along 120 kilometres of prospective stratigraphy. The enlarged Cobar West Project now hosts multiple gravity and ...
West Cobar Uncovers Higher Antimony Grades at Bulla Park, Boosting Resource Upside
Apr 19, 2026
West Cobar Metals has confirmed that historic antimony assays at its Bulla Park copper‑antimony‑silver deposit materially under‑reported grades, after peroxide fusion re‑analysis of key drill core intervals showed an averag...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.