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WSR

Westar ResourcesASX:WSR Stock Report

Market Cap

AU$9.1m

7D

9.1%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
WSR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

WSR Overview

Westar Resources Limited explores for and develops gold mineral assets in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Westar Resources
Historical stock prices
Current Share PriceAU$0.18
52 Week HighAU$0.15
52 Week LowAU$0.28
Beta0
1 Month Change-2.70%
3 Month Change5.88%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-23.40%

Recent News & Updates

Shareholder Returns

WSRAU Metals and MiningAU Market
7D9.1%4.3%0.9%
1Yn/a12.2%20.2%

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.

Price Volatility

Is WSR's price volatile compared to industry and market?
WSR volatility
WSR Beta0
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2019n/aKarl Jupphttps://www.westar.net.au

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

How do Westar Resources's earnings and revenue compare to its market cap?
WSR fundamental statistics
Market CapAU$9.07m
Earnings (TTM)-AU$783.51k
Revenue (TTM)n/a

0x

P/S Ratio

-11.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WSR income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$783.52k
Earnings-AU$783.51k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did WSR perform over the long term?

See historical performance and comparison

Valuation

Is Westar Resources undervalued compared to its fair value and its price relative to the market?

1.79x

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).


Future Growth

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

-0.3%

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.


Past Performance

How has Westar Resources performed over the past 5 years?

-174.8%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

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


CEO

Karl Jupp

1

Tenure

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...


Ownership

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

Ownership Breakdown

Dilution of Shares: WSR only recently listed within the past 12 months.


Top Shareholders

Company Information

Westar Resources Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Westar Resources Limited
  • 37 St Georges Terrace
  • Level 3
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:39
End of Day Share Price2021/10/18 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.