Westar Resources (ASX:WSR) - Stock Price, News & Analysis

WSR Stock Overview

Explores for and develops mineral tenements in Western Australia. More details

WSR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Australian market

Earnings have declined by 48.1% per year over past 5 years

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$3M)

+ 2 more risks

Westar Resources Limited Competitors

PVW Resources

ASX:PVW

AU$3.2m

Resource Base

ASX:RBX

AU$3.5m

Megado Minerals

ASX:MEG

AU$3.1m

North Stawell Minerals

ASX:NSM

AU$4.1m

Price History & Performance

Summary of all time highs, changes and price drops for Westar Resources
Historical stock prices
Current Share Price	AU$0.007
52 Week High	AU$0.027
52 Week Low	AU$0.007
Beta	-1.1
11 Month Change	-22.22%
3 Month Change	-12.50%
1 Year Change	-72.00%
33 Year Change	-94.62%
5 Year Change	n/a
Change since IPO	-97.02%

Recent updates

Shareholder Returns

	WSR	AU Metals and Mining	AU Market
7D	-12.5%	0.2%	1.5%
1Y	-72.0%	-10.8%	17.9%

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

Return vs Market: WSR underperformed the Australian Market which returned 17.9% over the past year.

Price Volatility

Is WSR's price volatile compared to industry and market?
WSR volatility
WSR Average Weekly Movement	18.7%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: WSR's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: WSR's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2019	n/a	Jason Boladeras	westar.net.au

Westar Resources Limited, together with its subsidiaries, explores for and develops mineral tenements in Western Australia. It explores for gold, silver, copper, zinc, and other base metal deposits. The company was incorporated in 2019 and is based in West Perth, Australia.

Westar Resources Limited Fundamentals Summary

How do Westar Resources's earnings and revenue compare to its market cap?
WSR fundamental statistics
Market cap	AU$3.19m
Earnings (TTM)	-AU$2.92m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.0x

P/E Ratio

Is WSR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WSR income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$2.92m
Earnings	-AU$2.92m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0073
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did WSR perform over the long term?

See historical performance and comparison

WSR Stock Overview

Risk Analysis

Westar Resources Limited Competitors

ASX:PVW

AU$3.2m

ASX:RBX

AU$3.5m

ASX:MEG

AU$3.1m

ASX:NSM

AU$4.1m

Price History & Performance

Recent News & Updates

Westar Resources Limited, Annual General Meeting, Nov 26, 2024

New major risk - Financial position

Westar Resources Limited Announces Board Changes

New major risk - Shareholder dilution

Westar Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.926788 million.

Westar Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.

Recent updates

Westar Resources Limited, Annual General Meeting, Nov 26, 2024

New major risk - Financial position

Westar Resources Limited Announces Board Changes

New major risk - Shareholder dilution

Westar Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.926788 million.

Westar Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.

New major risk - Financial position

New major risk - Share price stability

Westar Resources Limited, Annual General Meeting, Nov 16, 2023

New minor risk - Financial data availability

Westar Resources Limited Announces the Completion of Reconnaissance Field Programs, Confirming the Presence of Fractionated Pegmatite Systems at the Mindoolah Project in the Murchison Region of Western Australia

Aurumin Limited (ASX:AUN) entered into a Heads of Agreement to acquire Birrigrin Mining Centre from Westar Resources Limited (ASX:WSR).

Less than half of directors are independent

Westar Resources Limited (ASX:WSR) acquired Fairy Well Prospect from Mining Equities Pty Ltd for AUD 0.03 million.

Westar Resources Limited, Annual General Meeting, Nov 21, 2022

Westar Resources Limited Announces Completion of a Geological Reconnaissance Field Work Program at the 100% Owned Opaline Well Project in the Pilbara of Western Australia

Westar Resources Limited Announces Highlights VMS Potential at Gidgee North

Westar Resources Limited Provides Update on Exploration Activities at it's 100% Owned Opaline Well Project in the Pilbara of Western Australia

Westar Resources Limited Provides Updates on Gidgee North Project

Westar Resources Limited Updates on the Maiden RC Drill Program At the Gidgee North Project

Westar Resources Limited Announces Gidgee South Alluvial Gold Discoveries

Westar Resources Limited Updates on the Maiden RC Drill Program At the Gidgee North Project, Located in the Meekatharra-Sandstone Region of Western Australia

Less than half of directors are independent

Westar Resources Limited Announces Maiden RC Drill Program Commences at Gidgee North VMS Base Metal Targets

Westar Resources Limited announced that it expects to receive AUD 2.000001 million in funding

Westar Resources Limited Announces the Results of the Airborne XciteTM Electromagnetic Survey and Interpretations Completed for the Opaline Well Project in the Pilbara of Western Australia

Westar Resources Limited Announces the Results of the Airborne XciteTM Electromagnetic Survey and Interpretations Completed for the Opaline Well Project in the Pilbara of Western Australia

Westar Resources Limited Receives Interpreted Results from the Fixed Loop Electromagnetic Survey at its Gidgee North Project in the Sandstone Region of Western Australia

Westar Resources Limited Announces Assay Results from the Maiden RC Drilling Campaign

Westar Resources Limited Announces Commencement of Ground Fixed Loop EM Survey At Gidgee North

Westar Resources Limited Announces the Completion of A Detailed Litho-Structural Interpretation and Targeting Exercise At Opaline Well

Westar Resources Limited Completes Maiden RC Drilling Program at their Winjangoo Gold Project

Westar Resources Limited Announces Conductors Prospective for Base Metals - Gidgee North

Westar Resources Limited Completes Drilling at Gidgee South and Commences at Winjangoo

Westar Resources Limited Announces Multiple Anomalous Gold Zones Defined At Coolaloo

Westar Resources Limited Announces Commencement of the Maiden Reverse Circulation Drilling Program At Its 100% Owned Gidgee South Project

Westar Resources Limited (ASX:WSR) acquired Birrigrin Mining Centre from a private consortium of prospectors for AUD 0.08 million.

Westar Resources Limited Announces Maiden Drill Program Underway At the Coolaloo Gold Project

Westar Resources Limited Announces Completion of a Geophysical Survey and A Preliminary Regolith Evaluation Drilling Program At the Gidgee South Project

Westar Resources Limited Receives Encouraging Results from a Recently Completed Auger Sampling Program over Two First-Pass Exploration Areas at its 100% Owned Coolaloo Project

Westar Resources Limited Identifies Six High Priority Gold Targets at Winjangoo

Westar Resources Limited Announces High Priority Geophysical Targets Identified at Coolaloo Gold Project

Westar Resources Limited has completed an IPO in the amount of AUD 5 million.

Shareholder Returns

Price Volatility

About the Company

Westar Resources Limited Fundamentals Summary

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-1.0x

Earnings & Revenue