tiprankstipranks
Trending News
More News >
White Cliff Minerals Limited (AU:WCN)
ASX:WCN

White Cliff Minerals Limited (WCN) AI Stock Analysis

Compare
16 Followers

Top Page

AU:WCN

White Cliff Minerals Limited

(Sydney:WCN)

Select Model
Select Model
Select Model
Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
AU$0.02
â–¼(-5.00% Downside)
The score is weighed down primarily by weak financial performance driven by inconsistent revenue, large losses, and persistent cash burn. Technicals are mixed with only short-term improvement against a longer-term downtrend, and valuation is constrained by ongoing losses and no dividend support.
Positive Factors
Balance Sheet Health
A debt-free balance sheet reduces solvency risk and provides financial stability, allowing the company to focus on strategic growth initiatives.
Copper Exploration Success
Significant copper discoveries at the Rae Project enhance the company's resource base and market positioning, supporting long-term growth in the mining sector.
Director Share Purchases
Increased director shareholding aligns management interests with shareholders, potentially boosting confidence in the company's strategic direction.
Negative Factors
Inconsistent Revenue
Volatile revenue streams indicate challenges in achieving stable cash flow, which can hinder long-term financial planning and operational stability.
Persistent Cash Burn
Consistent cash burn necessitates reliance on external funding, limiting financial flexibility and potentially impacting future growth initiatives.
Large Losses
Ongoing losses erode equity and can pressure future funding needs, posing a risk to long-term viability and strategic investments.

White Cliff Minerals Limited (WCN) vs. iShares MSCI Australia ETF (EWA)

White Cliff Minerals Limited Business Overview & Revenue Model

Company DescriptionWhite Cliff Minerals Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, lithium, rare earth elements (REE), copper, nickel, and cobalt minerals. The company holds 100% interests in the Abraxis Lithium, Preston River Lithium, Yinnetharra Lithium, and Diemals Lithium/REE projects; Hines Hill REE and Gardner Range REE projects; and Reedy South Gold project. It also holds 100% interests in the Midas Copper/Gold project; and Coronation Dam and Ghan Well cobalt-nickel projects. The company was formerly known as White Cliff Nickel Limited and changed its name to White Cliff Minerals Limited in November 2011. White Cliff Minerals Limited was founded in 2007 and is based in Perth, Australia.
How the Company Makes MoneyWhite Cliff Minerals Limited generates revenue through the exploration and development of mineral resources, primarily gold, copper, and rare earth elements. The company's revenue model is centered on increasing the value of its mineral assets through successful exploration and potentially monetizing these assets via sales, joint ventures, or production agreements. White Cliff Minerals may also form strategic partnerships with larger mining companies to leverage their expertise and financial resources, which can lead to additional revenue streams through joint development projects or royalty agreements. The company's earnings are influenced by factors such as commodity prices, exploration success, and the efficient management of its exploration operations.

White Cliff Minerals Limited Financial Statement Overview

Summary
White Cliff Minerals Limited faces considerable financial challenges, evidenced by declining revenue, substantial net losses, and negative cash flows. Despite maintaining a debt-free balance sheet, the company struggles to generate profit and positive cash flow. These factors indicate potential risks in its financial health, necessitating strategic improvements to enhance operational efficiency and profitability.
Income Statement
White Cliff Minerals Limited has experienced a significant decline in revenue over the past year, with a negative revenue growth rate of 92.48%. The company is operating at a loss, with a net profit margin of -5891.60% and an EBIT margin of -1481.43%. These figures indicate substantial challenges in generating profitable operations. Historical data shows fluctuating revenue and consistent net losses, suggesting instability in income generation.
Balance Sheet
The company maintains a relatively strong equity position with no debt, resulting in a debt-to-equity ratio of 0. The equity ratio remains high at 94.42%, indicating a solid financial foundation. However, the return on equity is negative due to the net losses, highlighting inefficiencies in generating returns on shareholders' investments. Overall, while the balance sheet is stable, the lack of profitability is a concern.
Cash Flow
White Cliff Minerals Limited reports negative free cash flow, which has deteriorated year-over-year. The operating cash flow to net income ratio is negative, reflecting challenges in converting earnings into cash. Additionally, the free cash flow to net income ratio is negative, suggesting ongoing operational cash deficits. While the company has managed to secure some financing, the cash flow situation remains a significant area of concern.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue200.00K200.00K229.37K3.05M0.0010.00K
Gross Profit191.47K191.47K229.37K3.05M-1.24K10.00K
EBITDA-13.84M-13.83M-5.13M-2.46M-1.61M-2.80M
Net Income-13.84M-13.84M-13.51M3.16M-2.07M-2.01M
Balance Sheet
Total Assets17.95M17.95M5.57M12.28M4.11M3.36M
Cash, Cash Equivalents and Short-Term Investments14.51M14.51M3.87M7.90M897.06K2.16M
Total Debt0.000.000.000.000.000.00
Total Liabilities7.50M7.50M310.40K1.07M162.26K211.60K
Stockholders Equity10.46M10.46M5.26M11.22M3.95M3.15M
Cash Flow
Free Cash Flow-8.25M-8.05M-4.82M-2.04M-1.83M-2.19M
Operating Cash Flow-8.03M-8.03M-4.75M-1.95M-1.62M-1.70M
Investing Cash Flow689.19K689.19K385.42K294.30K-125.94K902.61K
Financing Cash Flow19.01M19.01M5.13M3.29M967.64K5.65K

White Cliff Minerals Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.02
Price Trends
50DMA
0.02
Positive
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
<0.01
Negative
RSI
57.90
Neutral
STOCH
72.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WCN, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above 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 57.90 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WCN.

White Cliff Minerals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
AU$231.21M-42.46-6.79%――19.94%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
47
Neutral
AU$51.21M-2.70-180.34%―-12.81%24.49%
47
Neutral
AU$94.01M-17.00-13.15%――3.85%
46
Neutral
AU$346.49M-70.77-8.41%――-85.71%
44
Neutral
AU$43.47M-6.00-59.63%――-39.53%
44
Neutral
AU$64.48M-7.08-42.43%―307.85%-133.82%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:WCN
White Cliff Minerals Limited
0.02
<0.01
11.11%
AU:NXM
Nexus Minerals Ltd.
0.07
0.02
50.00%
AU:TSO
Tesoro Gold
1.21
0.91
304.68%
AU:TAM
Tanami Gold NL
0.09
0.06
183.33%
AU:WWI
West Wits Mining Limited
0.09
0.08
513.33%
AU:VTX
Vertex Minerals Ltd.
0.23
0.01
4.65%

White Cliff Minerals Limited Corporate Events

White Cliff Minerals Issues 5 Million Shares on WCNO Conversion
Dec 23, 2025

White Cliff Minerals Limited has issued 5,000,000 new ordinary shares following the conversion of an equivalent number of WCNO securities, modestly expanding its share capital base. The company confirmed that the shares were issued without the need for a prospectus under the Corporations Act and stated it is fully compliant with its continuous disclosure and financial reporting obligations, with no excluded information requiring disclosure, signalling adherence to regulatory standards for existing and prospective investors.

White Cliff Minerals Seeks ASX Quotation for 5 Million New Shares
Dec 23, 2025

White Cliff Minerals Limited has applied to the ASX for quotation of 5 million new fully paid ordinary shares under its existing issuer code WCN. The shares are being issued following the exercise or conversion of options or other convertible securities, modestly expanding the company’s quoted capital base and potentially providing additional funding flexibility for its ongoing activities.

White Cliff Minerals Issues 7.5 Million Shares on WCNO Conversion
Dec 19, 2025

White Cliff Minerals Limited has issued 7,500,000 new ordinary shares following the conversion of an equivalent number of WCNO securities, expanding its share base without undertaking a formal disclosure under Part 6D.2 of the Corporations Act. The company confirmed it remains compliant with its continuous disclosure and financial reporting obligations and stated there is no excluded information requiring disclosure, signalling that the capital management action is procedural and in line with regulatory requirements for existing stakeholders.

White Cliff Minerals Seeks ASX Quotation for 7.5 Million New Shares
Dec 19, 2025

White Cliff Minerals Limited has applied to the ASX for quotation of 7,500,000 new fully paid ordinary shares, following the exercise or conversion of options or other convertible securities. The additional securities, issued on 19 December 2025, will expand the company’s quoted share capital, potentially enhancing liquidity for investors and reflecting ongoing capital structuring activities to support its resource exploration and development objectives.

White Cliff Minerals Identifies Extensive Copper Mineralization at Rae Project
Dec 16, 2025

White Cliff Minerals Limited has announced significant findings from its Rae Copper Project in Nunavut, Canada, where drilling assays and geophysical surveys have identified over 1.75 kilometers of copper mineralization within sedimentary structures. The results, which include a high tenor anomaly and expanded mineralization zones, suggest a promising potential for copper extraction in the region. These developments are likely to enhance the company’s operational capabilities and market positioning within the mineral exploration industry.

White Cliff Minerals Director Increases Shareholding
Dec 15, 2025

White Cliff Minerals Limited has announced a change in the director’s interest, with John Hancock acquiring an additional 3,000,000 ordinary shares through an on-market purchase. This acquisition increases his total holding to 174,378,224 ordinary shares, reflecting a strategic move that may indicate confidence in the company’s future prospects and potentially impact shareholder perceptions.

White Cliff Minerals Director Increases Stake
Dec 5, 2025

White Cliff Minerals Limited announced a change in the director’s interest, with Eric Sondergaard acquiring 13,497,923 ordinary shares, increasing his total to 88,329,852 shares. This acquisition, approved at the AGM, reflects a strategic move to align the director’s interests with the company’s long-term goals, potentially strengthening stakeholder confidence.

White Cliff Minerals Director Increases Shareholding
Dec 5, 2025

White Cliff Minerals Limited announced a change in the director’s interest, with Rod McIllree acquiring an additional 16,872,404 ordinary shares, increasing his total to 159,796,124 shares. This acquisition, approved at the Annual General Meeting, reflects the company’s strategy to align management interests with long-term shareholder value, potentially impacting its market positioning and stakeholder confidence.

White Cliff Minerals Director Acquires Additional Shares
Dec 5, 2025

White Cliff Minerals Limited has announced a change in the director’s interest, with Troy Whittaker acquiring 21,090,505 ordinary shares. This acquisition was part of a long-term incentive plan approved by shareholders, reflecting the company’s strategy to align management interests with shareholder value and potentially impacting the company’s market positioning positively.

White Cliff Minerals Issues Long-Term Incentive Shares
Dec 5, 2025

White Cliff Minerals Limited has issued 56,254,689 ordinary shares to directors and employees as long-term incentive securities, following shareholder approval at the Annual General Meeting. This move, compliant with the Corporations Act 2001, aims to align the interests of the company’s leadership with its long-term strategic goals, potentially impacting its operational focus and stakeholder confidence.

White Cliff Minerals Announces Quotation of New Securities on ASX
Dec 5, 2025

White Cliff Minerals Limited has announced the quotation of 56,254,689 ordinary fully paid securities on the Australian Securities Exchange (ASX), with an issue date of December 3, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and market presence, potentially impacting its operational capabilities and investor relations positively.

White Cliff Minerals Identifies New High-Priority Copper Targets at Danvers
Dec 2, 2025

White Cliff Minerals Limited has announced the results of a 2025 airborne electromagnetic survey at the Danvers site, part of the Rae Copper Project in Canada. The survey identified multiple high-priority copper targets across the 10km Teshierpi Fault Zone, significantly expanding the exploration footprint. The findings suggest a potentially larger mineralized system than previously recognized, with new high-grade copper and silver samples reinforcing the project’s grade potential. The company plans to commence follow-up drilling in early 2026, aiming to capitalize on the newly identified mineralization signatures.

White Cliff Minerals Announces Quotation of New Securities
Dec 2, 2025

White Cliff Minerals Limited has announced the quotation of 19,930,959 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s financial flexibility and potentially improve its market standing, offering stakeholders an opportunity to engage with the company’s growth initiatives.

White Cliff Minerals Director Increases Shareholding
Nov 28, 2025

White Cliff Minerals Limited announced a change in the director’s interest, with Eric Sondergaard acquiring an additional 1,341,140 ordinary shares. This acquisition, approved at the company’s AGM, reflects a strategic move to align director interests with shareholder value, potentially impacting the company’s market positioning and stakeholder confidence.

White Cliff Minerals Announces Director’s Interest Change
Nov 28, 2025

White Cliff Minerals Limited has announced a change in the director’s interest, specifically regarding Troy Whittaker. The company has issued 2,514,637 ordinary shares as a short-term incentive following shareholder approval at the AGM, increasing Whittaker’s total holdings. This move reflects the company’s commitment to aligning management interests with shareholder value, potentially impacting investor confidence and market perception.

White Cliff Minerals Announces Director’s Interest Change
Nov 28, 2025

White Cliff Minerals Limited has announced a change in the director’s interest, specifically involving Rod McIllree. The company has issued 2,011,710 ordinary shares as short-term incentive shares following shareholder approval at the Annual General Meeting. This change increases McIllree’s holdings to 142,923,720 ordinary shares, reflecting the company’s commitment to aligning director incentives with shareholder interests.

White Cliff Minerals Issues Incentive Shares to Directors and Employees
Nov 27, 2025

White Cliff Minerals Limited has issued 7,772,738 ordinary shares to its directors and employees as short-term incentive securities, following approval by shareholders at the Annual General Meeting. This strategic move is part of the company’s compliance with the Corporations Act 2001, ensuring transparency and adherence to regulatory standards, which may impact its operational dynamics and stakeholder relations.

White Cliff Minerals Announces Quotation of New Securities
Nov 27, 2025

White Cliff Minerals Limited has announced the application for the quotation of 7,772,738 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date marked as November 26, 2025. This move is part of the company’s strategic efforts to enhance its financial standing and operational capacity, potentially impacting its market positioning and offering new opportunities for stakeholders.

White Cliff Minerals Expands Copper Prospects with Promising Assay Results
Nov 26, 2025

White Cliff Minerals Limited announced promising assay results from its maiden diamond drilling campaign at the Stark and Hulk prospects within the Rae Copper Project in Nunavut, Canada. The results confirmed the presence of a significant copper mineralising system, with notable copper grades and a highly fertile geological setting. The company plans to continue exploration with a Spring 2026 drilling program, aiming to expand its understanding of the mineralisation and enhance its strategic positioning in the copper exploration sector.

White Cliff Minerals Successfully Passes All Resolutions at Annual General Meeting
Nov 25, 2025

White Cliff Minerals Limited held its Annual General Meeting, where all resolutions, including the remuneration report, re-election of a director, and various approvals for securities issuance, were successfully passed. The approval of these resolutions indicates strong shareholder support and positions the company for continued strategic growth and operational development.

White Cliff Minerals Expands Copper Potential at Danvers Project
Nov 16, 2025

White Cliff Minerals Limited has completed the digitisation of historic data for the Danvers 1 Project at the Rae Copper Project in Nunavut, Canada. This process has significantly increased the mineralised strike length to over 950 meters and confirmed continuity beyond 400 meters depth, enhancing the project’s scale and geological confidence. The findings suggest a high-grade copper system with substantial upside potential, positioning Danvers as a flagship growth asset for the company. The digitisation, alongside aerial survey data, indicates a potential 4 km long mineralised structure, which will guide future drilling campaigns and support the delivery of a maiden JORC resource in 2026.

White Cliff Minerals Announces Proposed Securities Issue
Nov 3, 2025

White Cliff Minerals Limited has announced a proposed issue of 18,115,942 fully paid ordinary securities, with a scheduled issue date of May 8, 2026. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially enhancing its market position and offering new opportunities for stakeholders.

White Cliff Minerals Secures Strategic Acquisition at Rae Copper Project
Nov 2, 2025

White Cliff Minerals Limited has strategically acquired the Bornite Lake prospect, known as the Copper Lamb lease, at the Rae Copper Project in Nunavut, Canada. This acquisition consolidates the company’s control over a 50km strike along the Herb Dixon fault, a proven copper conduit, and positions the company to advance a unified exploration strategy across the region. The newly acquired area is adjacent to high-grade copper mineralization zones and enhances the company’s potential for significant copper discoveries, thus strengthening its market position and offering promising opportunities for stakeholders.

White Cliff Minerals Expands Exploration Success at Rae Copper-Silver Project
Oct 31, 2025

White Cliff Minerals Limited has resumed drilling activities at its Rae Copper-Silver Project in Nunavut, Canada, with significant progress made at the Danvers site. The company has discovered new zones of mineralization and confirmed high-grade copper mineralization over a 500-meter strike at Danvers 1. Additionally, the discovery of Danvers 2, located 4 kilometers southwest of Danvers 1, indicates further potential with notable copper and silver grades. The company has also expanded its land holdings by 950 square kilometers, securing new mineral claims and identifying new sedimentary packages with copper occurrences, which could enhance its market position and stakeholder value.

White Cliff Minerals Unveils Promising Copper Discoveries at Rae Project
Oct 27, 2025

White Cliff Minerals Limited announced promising results from its diamond drilling at the Rae Copper Project in Nunavut, Canada. The drilling confirmed sedimentary hosted copper mineralization, with significant intersections indicating proximity to high-grade copper zones. The results suggest a well-endowed copper system, with the potential for higher-grade discoveries in future drilling. This development could enhance White Cliff’s positioning in the copper exploration industry, offering potential benefits to stakeholders through expanded resource estimates and future exploration success.

White Cliff Minerals Unveils New High-Grade Copper Discovery at Rae Project
Oct 22, 2025

White Cliff Minerals Limited has announced significant assay results from its summer 2025 drilling campaign at the Rae Copper Project in Nunavut, Canada. The discovery of a new high-grade copper mineralization area, Danvers 2, located more than 4 kilometers southwest of the original Danvers site, suggests a larger mineralized system than previously recognized. This discovery, along with preliminary geophysical data, indicates the potential for substantial copper deposits along the Teshierpi Fault Zone. The results underscore the project’s growth potential and could enhance the company’s position in the copper mining sector.

White Cliff Minerals Schedules Annual General Meeting for November 2025
Oct 17, 2025

White Cliff Minerals Limited has announced its Annual General Meeting, scheduled for November 25, 2025, in Perth, Australia. The meeting will address several key agenda items, including the consideration of the financial statements for the year ending June 30, 2025, and resolutions on the remuneration report and the re-election of director John Hancock. Shareholders are encouraged to participate either in person or by proxy, with proxy forms due by November 23, 2025.

White Cliff Minerals Advances Copper Discovery Amidst Market Uncertainties
Oct 13, 2025

White Cliff Minerals Limited is advancing a significant copper discovery, which could potentially enhance its position in the mining sector. The company emphasizes the uncertainties and risks associated with forward-looking statements, urging stakeholders to independently assess the information presented.

White Cliff Minerals Identifies New Targets at Rae Copper Project
Oct 12, 2025

White Cliff Minerals Limited has announced the receipt of phase 1 airborne geophysical data for the Danvers region at the Rae Copper Project. The survey identified several high-priority targets along a 10km strike of the Teshierpi fault, suggesting significant regional potential. Preliminary results indicate the potential for multiple Danvers-style deposits, with further mineralogical and metallurgical studies underway to optimize copper ore treatment. The ongoing release of assays and additional data sets will support the generation of a maiden exploration target, enhancing the company’s exploration strategy and potential market positioning.

White Cliff Minerals Expands High-Grade Copper Strike at Rae Project
Oct 8, 2025

White Cliff Minerals Limited has announced further positive assay results from its summer 2025 drilling campaign at the Rae Copper Project in Nunavut, Canada. The results reveal high-grade copper mineralization, with one drill hole intersecting 23 meters at 5.2% copper and 16.4 grams per tonne of silver. These findings expand the mineralized strike by over 35% beyond historical estimates, indicating potential for significant resource growth. The continuity of high-grade copper at shallow depths supports open pit mining prospects, and ongoing assay results are expected to further delineate the project’s scale.

White Cliff Minerals Doubles Copper Strike Length at Danvers
Sep 30, 2025

White Cliff Minerals Limited has announced promising assay results from its summer 2025 drilling campaign at the Danvers site within the Rae Copper Project in Nunavut, Canada. The results have more than doubled the existing strike length and confirmed extensive zones of copper mineralization. The company has identified new large conductive anomalies, suggesting potential for further high-grade copper deposits. These developments are expected to enhance the company’s exploration strategy and potentially improve its market positioning in the copper mining sector.

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.Date of analysis: Dec 30, 2025