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WWI

West Wits MiningASX:WWI Stock Report

Market Cap

AU$67.0m

7D

-6.7%

1Y

-48.8%

Updated

26 Oct, 2021

Data

Company Financials
WWI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

WWI Overview

West Wits Mining Limited explores for and develops gold mining tenements in Western Australia and South Africa.

Price History & Performance

Summary of all time highs, changes and price drops for West Wits Mining
Historical stock prices
Current Share PriceAU$0.042
52 Week HighAU$0.038
52 Week LowAU$0.15
Beta0.29
1 Month Change-12.50%
3 Month Change-36.36%
1 Year Change-48.78%
3 Year Change250.00%
5 Year Change31.25%
Change since IPO-84.44%

Recent News & Updates

Shareholder Returns

WWIAU Metals and MiningAU Market
7D-6.7%-0.4%0.8%
1Y-48.8%15.6%24.4%

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.

Price Volatility

Is WWI's price volatile compared to industry and market?
WWI volatility
WWI Beta0.29
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2007n/aJac van Heerdenhttps://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

How do West Wits Mining's earnings and revenue compare to its market cap?
WWI fundamental statistics
Market CapAU$66.98m
Earnings (TTM)-AU$341.00k
Revenue (TTM)n/a

0x

P/S Ratio

-190.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WWI income statement (TTM)
RevenueAU$0
Cost of RevenueAU$3.00k
Gross Profit-AU$3.00k
ExpensesAU$338.00k
Earnings-AU$341.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00022
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.5%

How did WWI perform over the long term?

See historical performance and comparison

Valuation

Is West Wits Mining undervalued compared to its fair value and its price relative to the market?

3.4x

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).


Future Growth

How is West Wits Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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.


Past Performance

How has West Wits Mining performed over the past 5 years?

0.07%

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.


Financial Health

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.


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: 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


Dividend

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.


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Jac van Heerden

1.5yrs

Tenure

AU$363,998

Compensation

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.


Leadership Team

Experienced Management: WWI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: WWI's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.5%.


Top Shareholders

Company Information

West Wits Mining Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • West Wits Mining Limited
  • 400 Collins Street
  • Level 6
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 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.