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Western Mines Group Ltd (AU:WMG)
ASX:WMG
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$0.09 - AU$0.34
Previous CloseN/A
Volume4.06K
Average Volume (3M)114.91K
Market Cap
AU$22.18M
Enterprise ValueAU$17.49M
Total Cash (Recent Filing)AU$1.56M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.66
Next Earnings
Jul 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding113,748,344
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 SheetA consistently debt-free balance sheet materially reduces refinancing and interest-rate risk for an exploration company. This structural strength preserves financial flexibility to pursue drilling or farm-outs, makes JV negotiations simpler, and lengthens runway between capital raises.
Material Equity Base GrowthA growing equity base provides a larger asset and funding platform for exploration programs. Higher equity supports bigger project spend, improves credibility with potential farm-in partners, and gives management more options to fund value-accretive work without immediate debt.
Defined Monetization Pathways For ExplorersThe company's business model rests on established exit routes—asset sales, farm-outs, JV deals or eventual project development. These structural monetization mechanisms are durable for explorers: successful drill results can convert into partner-funded programs or transaction value without requiring ongoing operating revenues.
Bears Say
Persistent Operating LossesSustained net losses mean the business cannot self-fund exploration from operating profits; this forces external funding and increases dilution risk. Over the medium term, continued negative returns also hinder ability to demonstrate project economics and attract project developers or downstream investment.
Consistent Negative Operating And Free Cash FlowOngoing cash burn creates recurring funding needs and forces capital raises or partner dependence. Even with recent improvement, continued negative free cash flow limits discretionary exploration, can delay milestones, and increases the probability of dilutive equity issuances over the next several quarters.
Inconsistent, Near-zero Revenue HistoryLack of steady operating revenue reduces visibility into unit economics or scalable margins, leaving valuation and long-term planning dependent on episodic transactions. This structural uncertainty complicates long-range budgeting and increases reliance on successful exploration outcomes or asset sales.
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$0.09 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$22.18M.
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 117 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 113,748,344 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
Neutral
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Blogger Sentiment
Bullish
AU:WMG Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.27%
12-Months-Change
Fundamentals
Return on Equity
-16.05%
Trailing 12-Months
Asset Growth
3.91%
Trailing 12-Months
Company Description
Western Mines Group Ltd
Western Mines Group Ltd, a mineral exploration company, engages in the exploration and development of mineral properties in Australia. The company explores for nickel, copper, platinum group elements, and gold deposits. Its flagship project is the Mulga Tank project comprising exploration licence E39/2132 and exploration licence applications E39/2223 and E39/2299, covering an area approximately 395 square kilometers located in the east-northeast of Yilgarn Craton, Western Australia. The company project portfolio includes the Jasper Hill project consisting of exploration licences E39/2073, E39/2079 and prospecting licence application P39/6267, covering an area of 71.4 square kilometers; and the Rock of Ages Project comprises prospecting licence covering an area of 9.71 hectares located in southeast of Laverton. In addition, it holds interest in the Melita Project consisting of exploration licence covering an area of approximately 105 square kilometers; the Pavarotti Project comprises exploration licence E77/2478 and exploration licence application E77/2746 covering surface of 12.8 square kilometers; the Pinyalling Project comprises exploration licence application covering an area of 55 square kilometers; the Youanmi Project consists of exploration licence E57/1119 and prospecting licence P57/1450 covering an area of 12 square kilometers; and the Broken Hill Bore Project comprises exploration licence covering an area of 2.6 square kilometers located in Yilgarn Craton, Western Australia. The company was incorporated in 2020 and is based in West Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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