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White Cliff Minerals Limited
(Sydney:WCN)
White Cliff Minerals Limited (WCN) vs. iShares MSCI Australia ETF (EWA)
White Cliff Minerals Limited Business Overview & Revenue Model
White Cliff Minerals Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| -200.00K | 229.37K | 3.05M | 0.00 | 253.77K | 25.00K | Gross Profit |
| -200.00K | 229.37K | 3.05M | -1.24K | 10.00K | 5.84K | EBIT |
| -7.19M | -3.40M | 590.66K | -1.61M | -2.56M | -706.82K | EBITDA |
| -8.99M | -5.13M | -2.46M | -1.61M | -2.80M | ― | Net Income Common Stockholders |
| -14.05M | -13.51M | 3.16M | -2.07M | -2.01M | -367.14K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.62M | 3.87M | 7.90M | 897.06K | 2.16M | 3.54M | Total Assets |
| 7.55M | 5.57M | 12.28M | 4.11M | 3.36M | 3.80M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -4.74M | -2.96M | -2.19M | -554.78K | -1.30M | -2.15M | Total Liabilities |
| 1.00M | 310.40K | 1.07M | 162.26K | 211.60K | 54.82K | Stockholders Equity |
| 6.55M | 5.26M | 11.22M | 3.95M | 3.15M | 3.74M |
| Cash Flow | Free Cash Flow | ||||
| -5.48M | -4.82M | -2.04M | -1.83M | -2.19M | -1.06M | Operating Cash Flow |
| -5.26M | -4.75M | -1.95M | -1.62M | -1.70M | -517.80K | Investing Cash Flow |
| -109.70K | 385.42K | 294.30K | -125.94K | 902.61K | 2.31M | Financing Cash Flow |
| 9.39M | 5.13M | 3.29M | 967.64K | 5.65K | 0.00 |
White Cliff Minerals Limited Technical Analysis
White Cliff Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
53 Neutral | AU$195.01M | ― | -21.25% | ― | -70.50% | 62.71% | |
52 Neutral | €53.09M | ― | -195.89% | ― | -99.10% | -4350.00% | |
51 Neutral | $2.04B | -1.21 | -21.10% | 3.95% | 2.90% | -30.45% | |
48 Neutral | $54.66M | ― | -19.25% | ― | ― | 65.04% | |
38 Underperform | $270.90M | ― | -4.75% | ― | ― | -175.00% |
White Cliff Minerals Limited Corporate Events
White Cliff Minerals Limited has requested a trading halt on its securities pending an announcement regarding material assay results from its Rae project. This move aims to ensure the market is informed and the halt will remain until the announcement is made or until normal trading resumes on 7 May 2025.
White Cliff Minerals Limited announced promising initial assay results from its Rae Copper Project in Nunavut, Canada. The results from the reverse circulation drilling campaign revealed a significant copper intersection, indicating high-grade mineralization. This marks a pivotal moment for the company, as it validates the potential of the Rae Project and sets the stage for further exploration and development, particularly with the upcoming diamond drill campaign at the Hulk sediment-hosted copper target.
White Cliff Minerals Limited has commenced its maiden drilling program at the Rae Copper Gold Silver Project and the Danvers Copper Prospect after securing necessary permits. The drilling has identified significant sulphide mineralisation at Danvers, indicating potential for expansion and increased resource estimates. The company also sold its Reedy South Gold Project for A$1.2 million, which may impact its financial positioning and investment focus.
White Cliff Minerals Limited has been approved to trade on the OTCQB Venture Market in the United States, which will allow the company to expand its shareholder base and improve liquidity by attracting U.S. investors. This strategic move is expected to enhance market visibility and provide U.S. investors with easier access to invest in White Cliff’s projects, including the Rae Copper Project, which is currently undergoing exploration activities.
White Cliff Minerals Limited has identified significant geophysical anomalies at its Great Bear Project in the Northwest Territories, indicating potential for large-scale mineralization of gold, copper, silver, and uranium. The findings, validated by Southern Geoscience Consulting, highlight multiple high-priority targets for further exploration, supporting the company’s strategic expansion in the region and complementing its Rae Copper Project.
White Cliff Minerals Limited has reported promising results from its step-out drilling at the Rae Copper Project in Nunavut, Canada, with extensive sulphide mineralization observed in all drill holes. The company is awaiting laboratory assay results, which are expected to confirm the copper potential of the region, and has repositioned its drilling rig to the Hulk site to continue its exploration strategy.
White Cliff Minerals Limited has reported significant findings from its drilling campaign at the Rae Copper Project in Nunavut, Canada. The step-out drilling has revealed extensive sulphide mineralization across multiple drill holes, indicating promising copper potential. The company has completed initial drilling at the Danvers site and is now focusing on the Hulk site, which features a large geophysical conductor. Assay results from the drilling are expected soon, which will guide future exploration efforts. The discovery of outcropping copper mineralization along a 4.7 km strike further underscores the potential of the region, with additional targets identified for future exploration.
White Cliff Minerals Limited has announced the sale of its Reedy South Gold Project to Bain Global Resources Pty Ltd for A$1.2 million in cash. This divestment allows White Cliff to concentrate on its Canadian projects, particularly the Rae Copper Project, where drilling is underway. The sale marks the completion of the company’s strategy to divest its Australian assets, potentially strengthening its focus and resources on more promising ventures in Canada.
White Cliff Minerals Limited has commenced drilling at its Rae Copper Project in Nunavut, Canada, marking a proactive step in exploring the region’s copper potential. The initial drilling has shown promising signs of copper sulphide mineralization, positioning the company as a first mover in the Coppermine River district. The project benefits from local and technical partnerships, emphasizing community involvement and sustainable practices.
White Cliff Minerals Limited has announced the issuance of 40,000,000 unlisted options, exercisable at $0.03 and expiring on September 27, 2028. This strategic move is expected to enhance the company’s financial flexibility and support its ongoing exploration and development activities, potentially impacting its market positioning and stakeholder interests positively.
White Cliff Minerals Limited has executed an exploration agreement with the Délı̨nę Got’ı̨nę Government for the Great Bear Project in the Northwest Territories, marking a significant milestone for both parties. The agreement facilitates the commencement of drilling activities and underscores the company’s commitment to incorporating Indigenous perspectives and supporting local economic development. The project benefits from an existing operational airstrip, and the company anticipates receiving geophysical survey results soon, which will inform future drilling plans. This collaboration aims to ensure responsible stewardship of the land while providing employment and business opportunities to the Délı̨nę community.
White Cliff Minerals Limited has commenced mobilization activities for its Rae Copper Project in Nunavut, marking the first major exploration effort in the area in over a decade. The company plans to drill approximately 4,000 meters targeting significant copper prospects, with the drilling campaign expected to start soon. This initiative is a strategic move to strengthen its operations and market presence. Additionally, the company has proposed performance rights for its directors, aligning their interests with shareholders by linking rewards to share price growth.
White Cliff Minerals Limited has released its half-year financial report for the period ending December 31, 2024. The report includes various financial statements and declarations, providing stakeholders with insights into the company’s financial health and operational performance over the past six months.
White Cliff Minerals Limited has released a corporate presentation outlining its strategic focus on advancing clean energy minerals and metals. The presentation includes forward-looking statements, which emphasize the company’s ambitions and plans for future development, though they come with inherent risks and uncertainties. Stakeholders are advised to independently assess the material and seek professional advice.
White Cliff Minerals Limited, trading on the ASX under the symbol WCN, has issued a corporate presentation emphasizing their focus on clean energy minerals and metals. The company outlines its strategic position within the industry, aiming to capitalize on the increasing demand for sustainable energy solutions. The presentation includes forward-looking statements that highlight the company’s future plans and objectives, although it cautions stakeholders about the inherent risks and uncertainties associated with such projections. White Cliff Minerals underscores the importance of independent assessment and professional advice for stakeholders in interpreting the presentation.
White Cliff Minerals Limited has announced the awarding of a drilling contract to Northspan Explorations Ltd for its Rae Copper Project in Nunavut. The project will begin with a focus on the Danvers project area, aiming to explore approximately 4,000 meters of drilling. This marks the first significant exploration in the area in over a decade and includes plans for extensive geological mapping and sampling to identify further drilling targets, potentially impacting the company’s exploration capabilities and positioning in the copper mining sector.