Western Mines Group Ltd (AU:WMG)
ASX:WMG
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WMG Stock Chart & Stats
AU$0.23
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.23
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.13 - AU$0.34
Previous CloseN/A
Volume4.06K
Average Volume (3M)114.91K
Market Cap
AU$21.62M
Enterprise ValueAU$15.50M
Total Cash (Recent Filing)AU$3.14M
Total Debt (Recent Filing)AU$68.86K
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Jul 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding113,800,970
10 Day Avg. Volume52,334
30 Day Avg. Volume114,906
Financial Highlights & Ratios
PEG Ratio3.38
Price to Book (P/B)1.20
Price to Sales (P/S)1383.95
P/FCF Ratio-4.26
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
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetZero reported debt materially lowers refinancing and interest-rate exposure, preserving financial flexibility. Over the medium term this reduces solvency risk, lets management prioritise exploration or JV funding choices, and supports project continuity without immediate loan pressures.
Growing Equity BaseA substantially larger equity base strengthens the company’s capital foundation, improving its ability to underwrite exploration programs or attract partners. This durable improvement enhances balance sheet credibility and can reduce the frequency or size of dilutive raises versus peers.
Exposure To Battery MetalsConcentrated focus on nickel, copper and cobalt aligns the asset pipeline with long-term electrification and battery demand trends. Over 2–6 months this structural commodity exposure increases the strategic value of discoveries and the likelihood of JV or offtake interest if targets are advanced.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow forces ongoing external funding to sustain exploration. Persistent cash burn risks project delays, requires repeated capital raises or farm-outs, and can lead to dilution or narrowed strategic options if market access weakens.
Loss-making With Inconsistent RevenueConsistent losses and erratic, near-zero revenue limit visibility on operating leverage and the path to profitability. This structural shortfall makes it challenging to demonstrate sustainable margins or fund development internally, prolonging dependence on external capital or partners.
Funding Reliance On Capital MarketsReliance on equity issuance, farm-outs or asset sales creates execution and market-timing risk. If market conditions deteriorate or JV interest is limited, the company may face funding gaps, project slowdowns, or higher dilution, constraining long-term project advancement.
Western Mines Group Ltd News
WMG FAQ
What was Western Mines Group Ltd’s price range in the past 12 months?
Western Mines Group Ltd lowest share price was AU$0.13 and its highest was AU$0.34 in the past 12 months.
What is Western Mines Group Ltd’s market cap?
Western Mines Group Ltd’s market cap is AU$21.62M.
When is Western Mines Group Ltd’s upcoming earnings report date?
Western Mines Group Ltd’s upcoming earnings report date is Jul 10, 2026 which is in 25 days.
How were Western Mines Group Ltd’s earnings last quarter?
Western Mines Group Ltd released its earnings results on Mar 12, 2026. The company reported -AU$0.023 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.023.
Is Western Mines Group Ltd overvalued?
According to Wall Street analysts Western Mines Group Ltd’s price is currently Overvalued.
Does Western Mines Group Ltd pay dividends?
Western Mines Group Ltd does not currently pay dividends.
What is Western Mines Group Ltd’s EPS estimate?
Western Mines Group Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Western Mines Group Ltd have?
Western Mines Group Ltd has 113,800,970 shares outstanding.
What happened to Western Mines Group Ltd’s price movement after its last earnings report?
Western Mines Group Ltd reported an EPS of -AU$0.023 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.5%.
Which hedge fund is a major shareholder of Western Mines Group Ltd?
Currently, no hedge funds are holding shares in AU:WMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Western Mines Group Ltd Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.27%
12-Months-Change
Fundamentals
Return on Equity
-22.76%
Trailing 12-Months
Asset Growth
29.61%
Trailing 12-Months
Company Description
Western Mines Group Ltd
Founded in 2020 and based in West Perth, Australia, Western Mines Group Ltd is a mineral exploration firm dedicated to identifying and advancing mineral properties throughout Australia. The company's exploration efforts primarily target nickel, copper, platinum group elements, and gold deposits. Its cornerstone asset is the Mulga Tank project, an extensive holding of approximately 395 square kilometers located in the east-northeast Yilgarn Craton, Western Australia. This project is secured by exploration license E39/2132 and license applications E39/2223 and E39/2299. Beyond Mulga Tank, Western Mines Group possesses a diverse array of other ventures. The Jasper Hill project, for instance, covers 71.4 square kilometers under exploration licenses E39/2073 and E39/2079, along with prospecting license application P39/6267. Another notable asset is the Rock of Ages Project, a 9.71-hectare prospecting license situated southeast of Laverton. Furthermore, the company's portfolio includes interests in several additional projects: the Melita Project (an exploration license covering about 105 sq km); the Pavarotti Project (12.8 sq km under exploration license E77/2478 and application E77/2746); the Pinyalling Project (a 55 sq km exploration license application); the Youanmi Project (12 sq km, comprising exploration license E57/1119 and prospecting license P57/1450); and the Broken Hill Bore Project (a 2.6 sq km exploration license also within Western Australia's Yilgarn Craton).
Technical Analysis
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Options Prices
Currently, No data available
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