How does WCN's PB Ratio compare to its peers?

WCN is expensive based on its Price-To-Book Ratio (6.1x) compared to the peer average (3.9x).

How does WCN's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

WCN is expensive based on its Price-To-Book Ratio (6.1x) compared to the Australian Metals and Mining industry average (1.1x).

What is WCN's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate WCN's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of WCN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate WCN's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

White Cliff Minerals (CHIA:WCN) - Stock Price, News & Analysis

WCN Stock Overview

Engages in the exploration of mineral properties in Australia and Canada. More details

WCN fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 37.3% per year over past 5 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap (A$32M)

+ 1 more risk

White Cliff Minerals Limited Competitors

Osmond Resources

ASX:OSM

AU$32.3m

Cobalt Blue Holdings

ASX:COB

AU$29.6m

Sunstone Metals

ASX:STM

AU$36.0m

Argent Minerals

ASX:ARD

AU$30.3m

Price History & Performance

Summary of all time highs, changes and price drops for White Cliff Minerals
Historical stock prices
Current Share Price	AU$0.017
52 Week High	AU$0.029
52 Week Low	AU$0.009
Beta	0.025
11 Month Change	-23.26%
3 Month Change	3.13%
1 Year Change	50.00%
33 Year Change	-8.33%
5 Year Change	230.00%
Change since IPO	-94.88%

Recent updates

Shareholder Returns

	WCN	AU Metals and Mining	AU Market
7D	0%	-0.6%	-0.3%
1Y	50.0%	-11.0%	18.4%

Return vs Industry: WCN exceeded the Australian Metals and Mining industry which returned -9.9% over the past year.

Return vs Market: WCN exceeded the Australian Market which returned 19.7% over the past year.

Price Volatility

Is WCN's price volatile compared to industry and market?
WCN volatility
WCN Average Weekly Movement	12.5%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.2%

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

Volatility Over Time: WCN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Troy Whittaker	www.wcminerals.com.au

White Cliff Minerals Limited engages in the exploration of mineral properties in Australia and Canada. It explores for lithium, rare earth elements, gold, copper, silver, nickel, uranium, iron oxide, lead, and cobalt deposits. The company was formerly known as White Cliff Nickel Limited and changed its name to White Cliff Minerals Limited in November 2011.

White Cliff Minerals Limited Fundamentals Summary

How do White Cliff Minerals's earnings and revenue compare to its market cap?
WCN fundamental statistics
Market cap	AU$32.10m
Earnings (TTM)	-AU$13.51m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.4x

P/E Ratio

Is WCN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WCN income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$13.51m
Earnings	-AU$13.51m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0072
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did WCN perform over the long term?

See historical performance and comparison

WCN Stock Overview

Risk Analysis

White Cliff Minerals Limited Competitors

ASX:OSM

AU$32.3m

ASX:COB

AU$29.6m

ASX:STM

AU$36.0m

ASX:ARD

AU$30.3m

Price History & Performance

Recent News & Updates

White Cliff Minerals Limited (ASX:WCN) signed Binding Heads of Agreement to acquire Exploration licence L-2797 from Victoria Copper Inc for CAD 0.7 million.

New major risk - Shareholder dilution

White Cliff Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

New major risk - Revenue and earnings growth

New minor risk - Financial data availability

White Cliff Minerals Limited, Annual General Meeting, Nov 20, 2024

Recent updates

White Cliff Minerals Limited (ASX:WCN) signed Binding Heads of Agreement to acquire Exploration licence L-2797 from Victoria Copper Inc for CAD 0.7 million.

New major risk - Shareholder dilution

White Cliff Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

New major risk - Revenue and earnings growth

New minor risk - Financial data availability

White Cliff Minerals Limited, Annual General Meeting, Nov 20, 2024

White Cliff Minerals Limited Appoints John Hancock as Strategic Advisor

White Cliff Minerals Limited, Annual General Meeting, May 31, 2024

New major risk - Financial position

Executive Chairman recently bought AU$100k worth of stock

White Cliff Minerals Limited Announces Board Changes

White Cliff Minerals Limited, Annual General Meeting, Nov 22, 2023

Gold Geological Consulting Pty Ltd entered into an agreement to acquire Abraxis Mining Pty Ltd from White Cliff Minerals Limited (ASX:WCN) for AUD 0.2 million.

White Cliff Minerals Limited Announces Appointment of Roderick Mcillree as Executive Chairman

White Cliff Minerals Limited Advises Rob Sinclair Resigned as Non-Executive Director

New major risk - Shareholder dilution

White Cliff Minerals Limited (ASX:WCN) acquired Mineral Fields and Soak Sands and Border Exploration.

White Cliff Minerals Limited, Annual General Meeting, Jun 21, 2023

White Cliff Minerals Limited (ASX:WCN) agreed to acquire Mineral Fields and Soak Sands and Border Exploration for AUD 0.72 million.

White Cliff Minerals Limited Announces a High Grade REE Results to date at Yinnetharra Project

White Cliff Minerals Limited Announces Resignation of Michael Soucik as Non-Executive Director and Chairman

White Cliff Minerals Limited Provides an Update on the Yinnetharra REE/Li Project

White Cliff Minerals Limited Provides an Update on the Hines Hill Ree Project in the Wheatbelt Region

White Cliff Minerals Limited Provides an Update on the Company's Hines Hill Ree Project in the Wheatbelt Region, WA

White Cliff Minerals Limited Provides Update on Exploration Programs for Lithium and REE

White Cliff Minerals Limited Appoints Nicholas Ong as Director

White Cliff Minerals Limited Completes Hines Hill REE Drilling

White Cliff Minerals Limited Announces High Resolution Mag/Rad Survey Underway at Yinnetharra REE/Li Project

Black Cat Syndicate Limited (ASX:BC8) entered into an agreement to acquire Gardner Dome REE Project in the Kimberly region of Western Australia from White Cliff Minerals Limited (ASX:WCN) for AUD 0.2 million.

No independent directors

White Cliff Minerals Limited Provides an Update on the Yinnetharra Ree/Li Project and the Progress on Numerous Work Programs

White Cliff Minerals Limited (ASX:WCN) entered into a binding tenement sale agreement to acquire Lake Tay REE Project from Hurricane Prospecting Pty Ltd.

White Cliff Minerals Limited Provides Update on its Hines Hill REE Project in Wheatbelt Region, WA

White Cliff Minerals Limited, Annual General Meeting, Nov 28, 2022

White Cliff Minerals Limited Provides Update on its Hines Hill REE Project in the Wheatbelt Region, WA

White Cliff Minerals Limited Provides an Update on the Yinnetharra Ree/Li Project

White Cliff Minerals Limited Provides Exploration Update on its 100% Owned Western Australian Lithium and REE Projects

No independent directors

White Cliff Minerals Limited (ASX:WCN) completed the acquisition of Abraxis Mining Pty Ltd.

White Cliff Minerals Limited Provides an Update Following the Reconnaissance Soil Sampling Program as Part of A First Pass Field Trip to Hines Hill

White Cliff Minerals Limited Announces RC Drilling Program Completed at Cracker Jack and McCaskill Hill

White Cliff Minerals Limited Provides Exploration Activity of Li/REE Projects and the Exploration RC Drilling At Reedy's South Gold Project

White Cliff Minerals Limited Announces RC Drilling Commences at Reedy South Gold Project

White Cliff Minerals Limited Announces Yinnetharra Pegmatite Sampling Results & Exploration Update

White Cliff Minerals Limited Announces Completion of Heritage Survey for Drilling At Reedy South

White Cliff Minerals Limited announced that it has received AUD 0.912 million in funding

White Cliff Minerals Limited announced that it expects to receive AUD 0.972 million in funding

White Cliff Minerals Limited (ASX:WCN) agreed to acquire 8 projects covering approximately 1076 km in Western Australia.

White Cliff Minerals Limited Provides Assay Results from the Recent Soil Sampling Program Undertaken At the 100%-Owned McCaskill's Hill Project

White Cliff Minerals Limited Provides Assay Results from the Recent Rock Chip Sampling Program Undertaken At the Company's 100%-Owned Cracker Jack Project

White Cliff Minerals Limited Provides Update on RC Drilling Program At Reedy South

White Cliff Minerals Limited Announces That RC Drilling Is to Recommence at Reedy South Gold Project

White Cliff Minerals Limited Announces the Results of the Airborne Magnetic Survey Flown by Thompson Aviation Across the Reedy South Tenement Package

White Cliff Minerals Limited Provides High-grade Gold Results from Reedy South RC Drilling

Panther Metals PLC (LSE:PALM) completed the acquisition of Merolia Gold Project Near Laverton, Western Australia from White Cliff Minerals Limited (ASX:WCN).

White Cliff Minerals Limited Announces Aeromagnetic Survey to Commence at Reedy South Gold Project

White Cliff Minerals Limited (ASX:WCN) completed the acquisition of Cracker Jack Gold Project from Peter Gianni.

White Cliff Minerals Limited Announces RC Drilling Program Commences at Reedy South Gold Project

Panther Metals PLC (LSE:PALM) entered into a binding tenement sale agreement to acquire Merolia Gold Project Near Laverton, Western Australia from White Cliff Minerals Limited (ASX:WCN) AUD 0.27 million.

White Cliff Minerals Limited (ASX:WCN) entered into binding terms sheet to acquire Cracker Jack Gold Project from Peter Gianni for AUD 0.03 million.