Winsome Resources Limited (AU:WR1)
ASX:WR1
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Winsome Resources Limited
(Sydney:WR1)
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Rating:44Neutral
Price Target:
AU$0.31
▼(-36.25% Downside)
Action:ReiteratedDate:03/10/26
The score is held down primarily by ongoing losses and persistent negative operating/free cash flow despite strong revenue growth, which raises execution and funding risk. Technical signals also lean bearish (below key moving averages and negative MACD). The debt-free balance sheet is a meaningful offset, but valuation remains unattractive with a negative P/E and no dividend yield.
Positive Factors
Debt-free balance sheet
Zero reported debt materially lowers financial risk and preserves optionality: management can prioritize project development or fundraises without large interest burdens. This structural conservatism improves resilience during multi-stage mining development cycles and funding windows.
Negative Factors
Persistent cash burn
Ongoing negative operating and free cash flow represent a durable funding pressure that can force dilutive equity raises or constrain project timelines. Repeated cash burn raises execution and funding risk over quarters, limiting ability to complete development without external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially lowers financial risk and preserves optionality: management can prioritize project development or fundraises without large interest burdens. This structural conservatism improves resilience during multi-stage mining development cycles and funding windows.
Read all positive factors
Winsome Resources Limited (WR1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$88.17M
Dividend YieldN/A
Average Volume (3M)1.38M
Price to Earnings (P/E)―
Beta (1Y)1.82
Revenue Growth-100.00%
EPS Growth-477.06%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding244,918,460
10 Day Avg. Volume2,407,457
30 Day Avg. Volume1,377,984
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.33
Price to Sales (P/S)3.32
P/FCF Ratio-1.13
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
Winsome Resources Limited Business Overview & Revenue Model
Company Description
Winsome Resources Limited focuses on exploring lithium projects in Canada. The company's flagship project is Cancet that comprises 395 claims with a total area of approximately 20,000 Ha located in Quebec, Canada. It also holds interests in Adina ...
How the Company Makes Money
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Winsome Resources Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
66
Positive
Cash Flow
28
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 8.58M | 6.45M | 4.97M | 0.00 |
| Gross Profit | 8.58M | 5.91M | 4.85M | -19.94K |
| EBITDA | -10.38M | 5.12M | -16.95M | -3.22M |
| Net Income | -30.42M | -4.87M | -15.18M | -3.24M |
Balance Sheet | ||||
| Total Assets | 107.71M | 130.59M | 83.09M | 25.08M |
| Cash, Cash Equivalents and Short-Term Investments | 18.33M | 45.42M | 42.32M | 13.47M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 21.67M | 29.83M | 14.06M | 376.73K |
| Stockholders Equity | 86.04M | 100.76M | 69.02M | 24.70M |
Cash Flow | ||||
| Free Cash Flow | -25.15M | -49.95M | -23.71M | -3.55M |
| Operating Cash Flow | -7.65M | -10.32M | -3.94M | -1.97M |
| Investing Cash Flow | -27.03M | -44.12M | -24.79M | -1.56M |
| Financing Cash Flow | 7.32M | 57.52M | 56.48M | 17.00M |
Winsome Resources Limited Technical Analysis
Negative
0.48
Price Trends
0.45
Negative
0.43
Negative
0.30
Positive
Market Momentum
-0.02
Negative
40.64
Neutral
73.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WR1, the sentiment is Negative. The current price of 0.48 is above the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.45, and above the 200-day MA of 0.30, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 40.64 is Neutral, neither overbought nor oversold. The STOCH value of 73.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:WR1.
Winsome Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$128.85M | 51.54 | -0.50% | ― | ― | 12.50% | |
44 Neutral | AU$88.17M | -3.89 | -36.51% | ― | -100.00% | -477.06% | |
44 Neutral | AU$30.07M | -1.90 | -12.11% | ― | ― | 23.60% | |
43 Neutral | AU$38.08M | -11.22 | -0.02% | ― | ― | -12.34% | |
43 Neutral | AU$38.14M | -2.68 | -24.39% | ― | ― | ― | |
42 Neutral | AU$230.54M | -16.15 | -6.73% | ― | -71.00% | 9.44% |
* Basic Materials Sector Average
AU:WR1
Winsome Resources Limited
0.36
0.19
118.18%
AU:BML
Boab Metals Ltd
0.40
0.28
233.33%
AU:GL1
Global Lithium Resources Ltd.
0.49
0.33
206.25%
AU:BKT
Black Rock Mining Limited
0.01
>-0.01
-30.00%
AU:LEL
Lithium Energy Ltd.
0.34
-0.03
-8.11%
AU:MNB
Minbos Resources Limited
0.03
>-0.01
-15.38%
Winsome Resources Limited Corporate Events
Winsome dispatches scheme booklet for Li-FT takeover vote
Apr 2, 2026
Winsome Resources has confirmed that it has dispatched its Scheme Booklet and related documentation to securityholders, detailing the proposed acquisition by Li-FT Power Ltd. of all Winsome shares and unlisted options via separate schemes of arran...
Winsome Resources Issues New Shares Under Performance Rights and Confirms Regulatory Compliance
Mar 26, 2026
Winsome Resources has issued 950,000 fully paid ordinary shares following the exercise of vested performance rights, expanding its share capital without providing a prospectus to investors. The company states it remains in full compliance with its...
Winsome Resources Director Converts Performance Rights Into Ordinary Shares
Mar 26, 2026
Winsome Resources Limited has disclosed a change in director Simone Iacopetta’s indirect interests, held via SMAC Investments (SA) Pty Ltd , in accordance with ASX listing rule 3.19A.2. The notice records that Iacopetta’s holding has s...
Winsome Resources Seeks ASX Quotation for 950,000 New Shares
Mar 26, 2026
Winsome Resources Limited has applied for quotation on the ASX of 950,000 new ordinary fully paid shares, with an issue date of 20 March 2026. The additional securities, arising from exercised options or converted instruments, expand the company&#...
Winsome Registers Scheme Booklet for Li-FT Power Takeover Vote
Mar 26, 2026
Winsome Resources has confirmed that its scheme booklet for the proposed acquisition by Canadian-listed Li-FT Power, via schemes covering all ordinary shares and unlisted options, has been registered with the Australian Securities and Investments ...
Key condition met for Li-FT’s takeover of Winsome Resources after Galinée stake lifted to 75%
Mar 10, 2026
Winsome Resources has confirmed that a key condition for its proposed acquisition by Canadian lithium player Li-FT Power has been satisfied, following Li-FT’s completion of a deal to lift its interest in the Galinée property in Quebec t...
Winsome Resources Outlines Corporate Framework in Interim Report Release
Feb 9, 2026
Winsome Resources Limited has released its interim financial report for the half-year ended 31 December 2025, supported by an established governance structure including a non-executive chairman, managing director and development and finance direct...
Winsome Resources Agrees Premium Takeover by Li-FT as Canadian Lithium Portfolio Advances
Jan 29, 2026
Winsome Resources has entered into a binding Scheme Implementation Deed under which Li-FT Power Limited will acquire 100% of Winsome’s securities, with Winsome shareholders to receive 0.107 Li-FT shares or CDIs for each Winsome share, implyi...
Winsome Resources Options Lapse After Conditions Not Met
Jan 13, 2026
Winsome Resources Limited has announced the cessation of 200,000 WR1AH options, which were due to expire on 1 December 2026 with an exercise price of $2.50, after the conditional rights attached to these securities lapsed because the required cond...
Winsome Resources Options Lapse, Trimming Potential Future Equity
Jan 13, 2026
Winsome Resources Limited has notified the market that 200,000 WR1AJ options, which were due to expire on 24 December 2027 with an exercise price of $2.50, have lapsed as the conditions attached to these options were not satisfied or have become i...
Winsome Resources Cancels 350,000 Unvested Performance Rights
Jan 13, 2026
Winsome Resources Limited has announced the cessation of 350,000 performance rights (security code WR1AD) after the conditions attached to those rights were not met or became incapable of being satisfied, effective 13 January 2026. The lapse of th...
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.