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WMC

Wiluna MiningASX:WMC Stock Report

Market Cap

AU$164.2m

7D

-0.2%

1Y

-43.0%

Updated

25 Oct, 2021

Data

Company Financials
WMC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

WMC Overview

Wiluna Mining Corporation Limited explores for and develops gold properties.

Wiluna Mining Competitors

Newcrest Mining

ASX:NCM

AU$20.6b

Northern Star Resources

ASX:NST

AU$11.3b

Evolution Mining

ASX:EVN

AU$7.0b

Regis Resources

ASX:RRL

AU$1.7b

Price History & Performance

Summary of all time highs, changes and price drops for Wiluna Mining
Historical stock prices
Current Share PriceAU$1.04
52 Week HighAU$0.86
52 Week LowAU$1.96
Beta-0.19
1 Month Change1.72%
3 Month Change-2.58%
1 Year Change-43.00%
3 Year Change-76.94%
5 Year Change-98.52%
Change since IPO-95.77%

Recent News & Updates

Shareholder Returns

WMCAU Metals and MiningAU Market
7D-0.2%-1.7%0.6%
1Y-43.0%10.8%21.3%

Return vs Industry: WMC underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.

Return vs Market: WMC underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is WMC's price volatile compared to industry and market?
WMC volatility
WMC Beta-0.19
Industry Beta0.97
Market Beta1

Stable Share Price: WMC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: WMC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aMilan Jerkovichttps://www.wilunamining.com.au

Wiluna Mining Corporation Limited explores for and develops gold properties. It holds a 100% interest in the Matilda-Wiluna property located in Australia. The company was incorporated in 2006 and is based in West Perth, Australia.

Wiluna Mining Fundamentals Summary

How do Wiluna Mining's earnings and revenue compare to its market cap?
WMC fundamental statistics
Market CapAU$164.24m
Earnings (TTM)AU$20.40m
Revenue (TTM)AU$131.47m

8.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WMC income statement (TTM)
RevenueAU$131.47m
Cost of RevenueAU$80.27m
Gross ProfitAU$51.20m
ExpensesAU$30.80m
EarningsAU$20.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin38.95%
Net Profit Margin15.52%
Debt/Equity Ratio25.4%

How did WMC perform over the long term?

See historical performance and comparison

Valuation

Is Wiluna Mining undervalued compared to its fair value and its price relative to the market?

8.05x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WMC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WMC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WMC is good value based on its PE Ratio (8.1x) compared to the Australian Metals and Mining industry average (14.6x).

PE vs Market: WMC is good value based on its PE Ratio (8.1x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WMC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WMC is good value based on its PB Ratio (0.7x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Wiluna Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wiluna Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Wiluna Mining performed over the past 5 years?

10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WMC has a high level of non-cash earnings.

Growing Profit Margin: WMC's current net profit margins (15.5%) are higher than last year (11.3%).


Past Earnings Growth Analysis

Earnings Trend: WMC has become profitable over the past 5 years, growing earnings by 10% per year.

Accelerating Growth: WMC's earnings growth over the past year (43.2%) exceeds its 5-year average (10% per year).

Earnings vs Industry: WMC earnings growth over the past year (43.2%) exceeded the Metals and Mining industry 35.3%.


Return on Equity

High ROE: WMC's Return on Equity (9.3%) is considered low.


Financial Health

How is Wiluna Mining's financial position?


Financial Position Analysis

Short Term Liabilities: WMC's short term assets (A$86.3M) exceed its short term liabilities (A$44.5M).

Long Term Liabilities: WMC's short term assets (A$86.3M) exceed its long term liabilities (A$85.0M).


Debt to Equity History and Analysis

Debt Level: WMC's debt to equity ratio (25.4%) is considered satisfactory.

Reducing Debt: WMC's debt to equity ratio has reduced from 85.4% to 25.4% over the past 5 years.

Debt Coverage: WMC's debt is well covered by operating cash flow (60.7%).

Interest Coverage: WMC's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Dividend

What is Wiluna Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WMC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WMC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WMC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WMC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Milan Jerkovic (57 yo)

2.42yrs

Tenure

AU$628,653

Compensation

Mr. Milan Jerkovic, B App Sc. (Geology), MAusIMM, MAICD, MSc (Econ) has been an Interim Chief Executive Officer of Wiluna Mining Corporation Limited (formerly Blackham Resources Limited) since May 1, 2019...


CEO Compensation Analysis

Compensation vs Market: Milan's total compensation ($USD471.25K) is above average for companies of similar size in the Australian market ($USD302.38K).

Compensation vs Earnings: Milan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: WMC's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: WMC's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 57.6%.


Top Shareholders

Company Information

Wiluna Mining Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Wiluna Mining Corporation Limited
  • Ticker: WMC
  • Exchange: ASX
  • Founded: 2006
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$164.244m
  • Shares outstanding: 158.31m
  • Website: https://www.wilunamining.com.au

Location

  • Wiluna Mining Corporation Limited
  • 1 Altona Street
  • Level 3
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:50
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.