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WRX Stock Chart & Stats
AU$0.04
>-AU$0.01(-3.13%)
At close: 4:00 PM EST
AU$0.04
>-AU$0.01(-3.13%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.06
Previous CloseN/A
VolumeN/A
Average Volume (3M)318.67K
Market Cap
AU$3.63M
Enterprise ValueAU$1.75M
Total Cash (Recent Filing)AU$2.11M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.92
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.07
Shares Outstanding157,904,070
10 Day Avg. Volume416,738
30 Day Avg. Volume318,669
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.23
Price to Sales (P/S)28.01
P/FCF Ratio-0.89
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 lack of reported debt reduces near-term refinancing and interest-rate risk, preserving financial optionality while the company pursues operational fixes. Over 2–6 months this durable structure lowers the probability of insolvency and gives management flexibility to prioritize restructuring or capital raises on better terms.
Positive Equity CushionMaintaining positive equity across recent years provides a creditor and solvency buffer despite losses. This cushion supports ongoing operations and regulatory compliance, making it easier to negotiate funding or strategic partnerships without immediate balance-sheet distress.
Cash Losses Smaller Than Accounting LossesFree cash flow losses being smaller than accounting losses implies significant non-cash charges drive reported losses. This reduces immediate liquidity pressure, lengthens runway versus headline losses, and gives management time to execute operational changes before needing urgent external funding.
Bears Say
Persistent UnprofitabilitySustained losses and deeply negative margins over multiple years signal the business model lacks current profitability. This erodes retained capital, constrains reinvestment in growth initiatives, and means the company must alter operations or raise external capital to achieve long-term viability, increasing strategic risk.
Weak Cash GenerationConsistent negative operating and free cash flows indicate the company consumes cash to run operations, heightening funding risk. Without sustained cash generation, management faces recurring capital raises or dilution, limiting the company's ability to invest in projects or respond to market opportunities over the medium term.
Revenue Volatility And Small ScaleA small, volatile revenue base undermines margin sustainability and prevents operating leverage. Sharp year-to-year swings complicate forecasting and planning, make cost absorption difficult, and raise the likelihood that modest adverse events can push the company into deeper losses, slowing the path to durable profitability.
Summit Minerals Limited News
WRX FAQ
What was Summit Minerals Limited’s price range in the past 12 months?
Summit Minerals Limited lowest share price was AU$0.01 and its highest was AU$0.06 in the past 12 months.
What is Summit Minerals Limited’s market cap?
Summit Minerals Limited’s market cap is AU$3.63M.
When is Summit Minerals Limited’s upcoming earnings report date?
Summit Minerals Limited’s upcoming earnings report date is Sep 24, 2026 which is in 65 days.
How were Summit Minerals Limited’s earnings last quarter?
Currently, no data Available
Is Summit Minerals Limited overvalued?
According to Wall Street analysts Summit Minerals Limited’s price is currently Overvalued.
Does Summit Minerals Limited pay dividends?
Summit Minerals Limited does not currently pay dividends.
What is Summit Minerals Limited’s EPS estimate?
Summit Minerals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Summit Minerals Limited have?
Summit Minerals Limited has 157,904,070 shares outstanding.
What happened to Summit Minerals Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Summit Minerals Limited?
Currently, no hedge funds are holding shares in AU:WRX
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
Summit Minerals Limited Stock Smart Score
Company Description
Summit Minerals Limited
Western Ridge Resources Limited, an Australian entity established in 2021 and headquartered in Peppermint Grove, specializes in identifying, acquiring, and advancing projects focused on battery and other critical minerals. Its exploration endeavors span Brazil, Canada, and Australia, specifically targeting deposits rich in niobium, tantalum, rare earth elements, uranium, and lithium pegmatites. The company's key holdings include the Equador Niobium Project and the Juazerinho Niobium Project, both strategically situated in the Borborema Pegmatitic Province of northeastern Brazil. The firm, which was formerly known as Summit Minerals Limited, officially adopted its current name, Western Ridge Resources Limited, in February 2026.
Technical Analysis
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