Summit Minerals Limited (AU:WRX)
ASX:WRX
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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$0.03 - AU$0.06
Previous CloseN/A
VolumeN/A
Average Volume (3M)318.67K
Market Cap
N/A
Enterprise ValueAU$4.44M
Total Cash (Recent Filing)AU$1.41M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.10
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
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 SheetHaving no reported debt materially reduces financial distress risk and interest obligations, giving management lasting flexibility to fund operations or exploration via equity or offtake financing. This structural strength supports survival during prolonged loss-making periods and reduces default risk.
Positive Equity CushionMaintaining positive shareholders' equity across multiple years provides a solvency buffer against operating losses and supports continued access to capital markets or JV partners. This underlying net asset base is a durable fundamental that helps absorb near-term losses while options to restructure remain available.
Cash Loss Profile Better Than AccountingFree cash flow losses being smaller than accounting losses suggests non-cash charges inflate reported losses. This indicates cash consumption is more limited than headline profits imply, making a path to positive cash generation and sustainable operations easier if revenue stabilizes or costs are trimmed.
Bears Say
Sustained Loss-makingMulti-year, widening losses erode retained capital, hinder reinvestment, and signal weak underlying economics. Persistent negative margins reduce ability to self-fund growth, force repeated external financing or dilution, and make long-term recovery dependent on meaningful operational change or new revenue streams.
Consistent Cash BurnNegative operating and free cash flow each year creates ongoing funding needs and increases reliance on equity raises or asset sales. Structural cash burn constrains capital allocation to exploration or growth, elevates refinancing risk, and can dilute returns for existing shareholders if unresolved.
Volatile, Declining Revenue And Poor MarginsSmall, volatile revenues relative to fixed costs undermine operating leverage and predictability. A sharp revenue fall in 2025 plus deeply negative margins indicates fragile demand or production issues, making durable margin recovery and long-term profitability more uncertain absent strategic or operational change.
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$0.03 and its highest was AU$0.06 in the past 12 months.
What is Summit Minerals Limited’s market cap?
Currently, no data Available
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 153 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, together with its subsidiaries, engages in the acquisition, exploration, and development of battery and critical mineral projects in Brazil, Canada, and Australia. The company explores for niobium, tantalum, rare earth elements, uranium, and lithium pegmatite deposits. Its flagship projects are the Equador Niobium Project and the Juazerinho Niobium Project, located in the Borborema Pegmatitic Province of northeastern Brazil. The company was formerly known as Summit Minerals Limited and changed its name to Western Ridge Resources Limited in February 2026. Western Ridge Resources Limited was incorporated in 2021 and is based in Peppermint Grove, Australia.
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