Western Mines Group Ltd, a mineral exploration company, engages in the exploration and development of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.18|
|52 Week High||AU$0.16|
|52 Week Low||AU$0.24|
|1 Month Change||-7.50%|
|3 Month Change||-5.13%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-2.63%|
Recent News & Updates
|WMG||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how WMG performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how WMG performed against the Australian Market.
Stable Share Price: WMG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: Insufficient data to determine WMG's volatility change over the past year.
About the Company
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 covering an area of approximately 113 square kilometers located in the east-northeast of Yilgarn Craton, Western Australia.
Western Mines Group Fundamentals Summary
|WMG fundamental statistics|
Is WMG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WMG income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.0044|
|Net Profit Margin||0.00%|
How did WMG perform over the long term?See historical performance and comparison
Is Western Mines Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WMG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WMG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WMG is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: WMG is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WMG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WMG is overvalued based on its PB Ratio (9.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Western Mines Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Western Mines Group 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.
How has Western Mines Group performed over the past 5 years?
Historical Materials annual earnings growth
Earnings and Revenue History
Quality Earnings: WMG is currently unprofitable.
Growing Profit Margin: WMG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if WMG's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare WMG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WMG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: WMG has a negative Return on Equity (-21.78%), as it is currently unprofitable.
How is Western Mines Group's financial position?
Financial Position Analysis
Short Term Liabilities: WMG's short term assets (A$773.6K) exceed its short term liabilities (A$132.7K).
Long Term Liabilities: WMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WMG is debt free.
Reducing Debt: WMG has not had any debt for past 5 years.
Debt Coverage: WMG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WMG has no debt, therefore coverage of interest payments is not a concern.
What is Western Mines Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WMG'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 WMG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WMG'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 WMG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Caedmon Samuel Marriott M.A., M.S., Ph D., serves as Managing Director and Director at Western Mines Group Ltd. since March 26, 2021.Mr. Marriott had been a Non-Executive Director of Golden Mile Resou...
Experienced Management: WMG's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: WMG's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WMG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: WMG only recently listed within the past 12 months.
Western Mines Group Ltd's employee growth, exchange listings and data sources
- Name: Western Mines Group Ltd
- Ticker: WMG
- Exchange: ASX
- Founded: 2020
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$8.103m
- Shares outstanding: 43.80m
- Website: https://www.westernmines.com.au
- Western Mines Group Ltd
- 33 Ord Street
- Level 3
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:05|
|End of Day Share Price||2021/10/19 00:00|
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.