West Wits Mining Limited explores for and develops gold mining tenements in Western Australia and South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.042|
|52 Week High||AU$0.038|
|52 Week Low||AU$0.15|
|1 Month Change||-12.50%|
|3 Month Change||-36.36%|
|1 Year Change||-48.78%|
|3 Year Change||250.00%|
|5 Year Change||31.25%|
|Change since IPO||-84.44%|
Recent News & Updates
|WWI||AU Metals and Mining||AU Market|
Return vs Industry: WWI underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: WWI underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: WWI is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: WWI's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
|2007||n/a||Jac van Heerden||https://www.westwitsmining.com|
West Wits Mining Limited explores for and develops gold mining tenements in Western Australia and South Africa. The company primarily focuses on Witwatersrand Basin project located in Johannesburg, South Africa. It also holds interest in the Mt Cecelia project and Tambina gold projects in Pilbara, Australia.
West Wits Mining Fundamentals Summary
|WWI fundamental statistics|
Is WWI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WWI income statement (TTM)|
|Cost of Revenue||AU$3.00k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00022|
|Net Profit Margin||0.00%|
How did WWI perform over the long term?See historical performance and comparison
Is West Wits Mining 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 WWI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WWI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WWI is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: WWI 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 WWI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WWI is overvalued based on its PB Ratio (3.4x) compared to the AU Metals and Mining industry average (2.6x).
How is West Wits Mining 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 West Wits 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.
How has West Wits Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WWI is currently unprofitable.
Growing Profit Margin: WWI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WWI is unprofitable, but has reduced losses over the past 5 years at a rate of 0.07% per year.
Accelerating Growth: Unable to compare WWI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WWI 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: WWI has a negative Return on Equity (-4.2%), as it is currently unprofitable.
How is West Wits Mining's financial position?
Financial Position Analysis
Short Term Liabilities: WWI's short term assets (A$1.2M) do not cover its short term liabilities (A$2.5M).
Long Term Liabilities: WWI's short term assets (A$1.2M) exceed its long term liabilities (A$59.0K).
Debt to Equity History and Analysis
Debt Level: WWI's debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WWI's debt to equity ratio has reduced over the past 5 years.
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: WWI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WWI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.2% each year
What is West Wits Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WWI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WWI'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 WWI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WWI'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 WWI'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
Jac van Heerden
Mr. Jac van Heerden serves as the Managing Director and Director of West Wits Mining Limited since April 16, 2020. Mr. van Heerden served as Chief Executive Officer of West Wits MLI, a South African subsid...
CEO Compensation Analysis
Compensation vs Market: Jac's total compensation ($USD272.86K) is about average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Jac's compensation has increased whilst the company is unprofitable.
Experienced Management: WWI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: WWI's board of directors are not considered experienced ( 1.5 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: WWI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.5%.
West Wits Mining Limited's employee growth, exchange listings and data sources
- Name: West Wits Mining Limited
- Ticker: WWI
- Exchange: ASX
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: AU$66.984m
- Shares outstanding: 1.52b
- Website: https://www.westwitsmining.com
- West Wits Mining Limited
- 400 Collins Street
- Level 6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|End of Day Share Price||2021/10/26 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.