West Wits Mining Limited explores for and develops gold mining tenements in Western Australia and South Africa. More Details
+ 1 more risk
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has West Wits Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WWI's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: WWI exceeded the Australian Metals and Mining industry which returned 16.9% over the past year.
Return vs Market: WWI exceeded the Australian Market which returned -5.7% over the past year.
Price Volatility Vs. Market
How volatile is West Wits Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of West Wits Mining Limited (ASX:WWI)?
8 months ago | Simply Wall StThose Who Purchased West Wits Mining (ASX:WWI) Shares Three Years Ago Have A 57% Loss To Show For It
10 months ago | Simply Wall StCould The West Wits Mining Limited (ASX:WWI) Ownership Structure Tell Us Something Useful?
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 AU 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 (2.9x) 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.
- Take a look at our analysis of WWI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- West Wits Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
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, and losses have increased over the past 5 years at a rate of 31.3% 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 (22.2%).
Return on Equity
High ROE: WWI has a negative Return on Equity (-24.6%), 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$3.2M).
Long Term Liabilities: WWI's short term assets (A$1.2M) do not cover its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: WWI's debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: WWI's debt to equity ratio has increased from 0.06% to 25.9% 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 sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WWI is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.
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 board 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 ($USD214.41K) is about average for companies of similar size in the Australian market ($USD277.56K).
Compensation vs Earnings: Jac's compensation has increased whilst the company is unprofitable.
|Executive Chairman of the Board||13.5yrs||AU$198.58k||2.81% |
|MD & Director||0.50yr||AU$302.62k||0.48% |
|Non-Executive Director||2.58yrs||AU$37.70k||0.22% |
|Non-Executive Director||9.58yrs||AU$31.55k||0.096% |
|Independent Non-Executive Director||0.50yr||AU$37.26k||0.025% |
Experienced Board: WWI's board of directors are not considered experienced ( 2.6 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 company bio, 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$42.662m
- Shares outstanding: 1.19b
- Website: https://www.westwitsmining.com
- West Wits Mining Limited
- 62 Lygon Street
- Level 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WWI||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2007|
|WWI||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2007|
|WMWW.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2007|
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 A ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 10:31|
|End of Day Share Price||2020/10/19 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.