Westar Resources Limited explores for and develops gold mineral assets in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.18|
|52 Week High||AU$0.15|
|52 Week Low||AU$0.28|
|1 Month Change||-2.70%|
|3 Month Change||5.88%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-23.40%|
Recent News & Updates
|WSR||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how WSR performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how WSR performed against the Australian Market.
Stable Share Price: WSR is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: WSR's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Westar Resources Limited explores for and develops gold mineral assets in Western Australia. The company holds interests in the Sandstone Projects comprising two granted exploration licenses - Gidgee North (E53/1920) and Gidgee South (E57/1055) covering approximately 255 square kilometers located northeast of Perth and north-northwest of Kalgoorlie; and Mount Magnet Projects consisting of two granted exploration licenses - Winjangoo (E58/536) and Coolaloo (E59/2329) covering an area of approximately 224 square kilometers situated in the Murchison Mineral Field proximal to the historical mining center of Mount Magnet. It also holds interests in the Southern Cross Projects comprising two granted exploration licenses - Mount Finnerty (E16/505) and Parker Dome (E77/2424) covering a total area of 60 square kilometers located in the Coolgardie and Yilgarn Mineral Field; and Pilbara Project that consists of 1 granted exploration license (E45/4997) (Opaline Well) covering approximately 67 square kilometers situated in the Pilbara Mineral Field.
Westar Resources Fundamentals Summary
|WSR fundamental statistics|
Is WSR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WSR income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.016|
|Net Profit Margin||0.00%|
How did WSR perform over the long term?See historical performance and comparison
Is Westar Resources 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 WSR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WSR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WSR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: WSR 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 WSR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WSR is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.6x).
How is Westar Resources 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 Westar Resources 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 Westar Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: WSR is currently unprofitable.
Growing Profit Margin: WSR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if WSR'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 WSR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WSR 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: WSR has a negative Return on Equity (-15.45%), as it is currently unprofitable.
How is Westar Resources's financial position?
Financial Position Analysis
Short Term Liabilities: WSR's short term assets (A$3.2M) exceed its short term liabilities (A$440.2K).
Long Term Liabilities: WSR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WSR is debt free.
Reducing Debt: WSR had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WSR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WSR has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 221.9% each year.
What is Westar Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WSR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WSR'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 WSR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WSR'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 WSR'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?
Mr. Karl Jupp, BappSc (Hons), GradDip (Bus), MAIG, MAusIMM, serves as Chief Executive Officer at Westar Resources Ltd. since October 15, 2020. He is Managing Director at Westar Resources Limited since Octo...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WSR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: WSR only recently listed within the past 12 months.
Westar Resources Limited's employee growth, exchange listings and data sources
- Name: Westar Resources Limited
- Ticker: WSR
- Exchange: ASX
- Founded: 2019
- Industry: Gold
- Sector: Materials
- Market Cap: AU$9.073m
- Shares outstanding: 50.40m
- Website: https://www.westar.net.au
- Westar Resources Limited
- 37 St Georges Terrace
- Level 3
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:39|
|End of Day Share Price||2021/10/18 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.