WIA Gold Limited (WIA) AI Stock Analysis

• Market Cap: AU$327.66M
• Dividend Yield: N/A
• Average Volume (3M): 1.40M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.25
• Revenue Growth: N/A
• EPS Growth: -58.33%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 1,365,258,300
• 10 Day Avg. Volume: 988,920
• 30 Day Avg. Volume: 1,402,369
• PEG Ratio: 0.79
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.32
• Price Target Upside: 39.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 38 Underperform
• Price Target: ―

WIA Gold Limited's overall score is primarily impacted by its weak financial performance due to consistent losses and lack of revenue. The technical analysis indicates a bearish trend, and the valuation metrics reflect the company's unprofitability. These factors collectively contribute to a low overall stock score.

WIA Gold Limited Business Overview & Revenue Model

Company Description

WIA Gold Limited (WIA) is a mineral exploration company focused on the discovery and development of gold resources. Operating primarily in the West African region, WIA leverages advanced geological techniques to identify and assess promising gold deposits. The company aims to build a portfolio of high-quality assets that can be developed into profitable mining operations.

How the Company Makes Money

WIA Gold Limited generates revenue primarily through the exploration and development of gold mining projects. The company's key revenue streams include the sale and trade of gold extracted from its mining operations and potential joint ventures or partnerships with other mining companies for shared development of gold resources. Additionally, WIA may engage in licensing agreements or sell stakes in its projects to other investors, generating income from these transactions. The company relies on its expertise in mineral exploration and strategic partnerships to enhance its earnings potential.

WIA Gold Limited Financial Statement Overview

Summary

WIA Gold Limited faces significant challenges due to its lack of revenue and increasing losses, impacting its profitability and growth potential. The company's strong equity base and absence of debt provide financial stability, yet the negative cash flow situation necessitates continuous external financing. Addressing revenue generation is crucial for improving financial health.

Income Statement

WIA Gold Limited has consistently reported zero revenue over the years, leading to a lack of gross profit and negative net income. The absence of revenue growth is a significant concern, coupled with increasing losses as evidenced by the widening EBIT and net income losses.

Balance Sheet

The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. However, the return on equity is negative due to persistent losses, despite a solid equity ratio indicating a stable capital structure.

Cash Flow

Free cash flow is negative and worsening, reflecting high capital expenditures and negative operating cash flow. The company relies heavily on financing activities to cover its cash flow deficit, which poses a risk if this trend continues.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	―	―
	Gross Profit
-39.11K	-38.26K	-44.07K	―	―	―
	EBIT
―	-3.39M	-1.53M	-1.26M	-2.97M	-865.29K
	EBITDA
-5.62M	-3.58M	-1.48M	-1.35M	-2.14M	-801.53K
	Net Income Common Stockholders
-4.34M	-3.62M	-1.52M	-1.35M	-2.17M	-772.45K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
37.09M	15.05M	1.22M	2.32M	5.18M	626.99K
	Total Assets
72.60M	43.77M	17.23M	11.76M	8.48M	3.48M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-37.09M	-15.05M	-1.22M	-2.32M	-5.18M	-626.99K
	Total Liabilities
726.13K	1.17M	278.76K	204.67K	192.13K	210.73K
	Stockholders Equity
70.65M	41.43M	16.83M	11.56M	8.29M	3.27M
Cash Flow		Free Cash Flow
―	-11.92M	-7.17M	-6.37M	-2.41M	-2.11M
	Operating Cash Flow
―	-1.32M	-749.53K	-819.80K	-661.58K	-768.45K
	Investing Cash Flow
―	-10.74M	-6.52M	-6.26M	-1.74M	-1.34M
	Financing Cash Flow
15.24M	25.90M	6.16M	4.31M	6.97M	2.09M

WIA Gold Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WIA, the sentiment is Positive. The current price of 0.23 is below the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.21, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.42 is Neutral, neither overbought nor oversold. The STOCH value of 10.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WIA.

WIA Gold Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMS	80 Outperform	$3.20B	9.04	26.42%	2.26%	54.37%	310.22%
NST	78 Outperform	$29.97B	25.41	11.01%	2.43%	25.11%	28.88%
GOR	76 Outperform	AU$3.64B	25.42	13.42%	0.90%	11.93%	22.74%
EVN	72 Outperform	$16.81B	24.32	16.97%	1.72%	60.56%	302.20%
RRL	64 Neutral	AU$3.53B	―	-0.38%	―	29.83%	93.23%
Sector *	51 Neutral	$2.01B	-1.27	-21.11%	5.15%	2.92%	-30.46%
WIA	38 Underperform	AU$327.66M	―	-8.92%	―	―	-58.33%

WIA Gold Limited Corporate Events

Wia Gold Limited Advances Kokoseb Project with New Discoveries and Corporate Milestones

Wia Gold Limited reported a substantial increase in exploration activities during the first quarter of 2025, with a focus on advancing the Kokoseb Gold Project in Namibia. The company discovered a new high-grade area and confirmed excellent continuity in gold mineralization through infill drilling. Additionally, Wia Gold completed significant auger drilling programs in Côte d’Ivoire and was included in the S&P All Ordinaries index, marking a notable achievement in its corporate development.

Wia Gold Reports Positive Drilling Results at Kokoseb Project

Wia Gold Limited has reported positive assay results from its drilling campaign at the Kokoseb Gold Project in Namibia, aiming to upgrade inferred resources and support resource growth. The drilling results show high-grade gold intercepts and continuity in mineralization, which are expected to enhance the confidence in the Mineral Resource Estimate and support a resource upgrade. The company is also expanding mineralization beyond the current MRE boundary, indicating potential growth for the project.

WIA Gold Limited Releases Half-Year Financial Report

WIA Gold Limited has released its condensed consolidated half-year report for the period ending December 31, 2024. The report includes financial statements such as the statement of profit or loss, financial position, changes in equity, and cash flow, providing insights into the company’s financial health and operational performance over the half-year period.

Wia Gold Extends High-Grade Mineralisation at Kokoseb Discovery

Wia Gold Limited has announced promising assay results from its recent drilling program at the Kokoseb Gold discovery in Namibia, revealing a significant new high-grade area and consistent gold grades in the Central Zone. These results indicate potential for increasing the existing resource base, supporting the company’s ongoing exploration and development efforts in the region.

WIA Gold’s Transformational Discovery at Kokoseb

WIA Gold Limited has made a significant gold discovery at its Kokoseb Project, which is expected to transform the site into a major gold mine in Namibia. This development is poised to strengthen WIA Gold’s position in the mining industry and could have substantial implications for its stakeholders, although inherent risks and uncertainties remain.

Wia Gold Announces New Company Secretary Appointment

Wia Gold Limited has appointed Ms. Joanna Kiernan as the new Company Secretary, effective February 14, 2025. With over 18 years of experience in governance for publicly listed companies, particularly within the resources sector, Ms. Kiernan is expected to strengthen the company’s communications with the ASX and improve its corporate governance framework. This change may enhance Wia Gold’s operational capabilities and stakeholder relations.

WIA Gold Limited Announces New Securities Quotation

WIA Gold Limited has announced a new application for the quotation of securities, with 391,304 ordinary fully paid securities to be listed on the ASX. This move is part of the company’s strategy to leverage convertible securities, potentially impacting its financial positioning and offering opportunities for stakeholders to engage further with its growth initiatives.