WEC

WHITE ENER FPO [WEC]
White Energy Company Limited engages in coal technology and mining exploration businesses in Australia, Asia, South Africa, Mauritius, and the United Kingdom. The company explores for coal, copper, gold, cobalt, and zinc deposits, as well as rare earth and other base elements. It also holds license for the Binderless Coal Briquetting technology, which processes poor quality coal into a higher quality product. The company was formerly known as Amerod Resource Limited. White Energy Company Limited is headquartered in Newstead, Australia.
Energy · ASX Small Cap
$0.3300 +4.8%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 3 consecutive scansFirst seen: 2026-03-04
Get alerts when WEC triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Track WEC — Free

Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Pressing against the upper Bollinger Band — extended and may need to cool off
  • Trading above both moving averages — the trend is your friend here
  • Volume surging at 7.6x normal while price falls — heavy selling pressure
  • On a tear — up 37.5% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.69, so it's outpacing the pack
  • Volatility is expanding fast — choppy price action, so buckle up
  • Trading above the 200-day average — the long-term trend is on your side
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (1867.7x)
  • Near 52-week high (95% of range)
  • Capital raise activity (1 events)
  • CANSLIM N: Near 52-week high (breakout territory)
  • CANSLIM S: Tight float (8%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 587% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.5 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (6.42%/day)
  • Commodity (Crude Oil): strong_up (+7pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • RSI is running hot — overbought territory, so expect some pullback risk
  • Stochastic is stretched into overbought — could need a breather
  • Revenue declining (-10%)
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral

Recent Catalysts

NONE Change in substantial holding - Gaffwick
NONE Change in substantial holding - Ilwella
NONE Notification regarding unquoted securities - WEC

Recent ASX Announcements

2026-09-04 Change in substantial holding - Gaffwick
2026-09-04 Change in substantial holding - Ilwella
2026-09-02 Notification regarding unquoted securities - WEC
2026-09-01 Cleansing Notice under Section 708A(5)(e) of the Corps Act
2026-09-01 Application for quotation of securities - WEC

Key Metrics

$145.7M
Market Cap
520K
Avg Volume
7.6x
Vol Ratio
$0.03 — $0.34
52-Week Range
N/A
Short Interest
N/A
Cash Runway
N/A
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / CatalystspassNear 52w High
SSupply & DemandpassFloat: 8%
LLeader vs LaggardpassRS: 43
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

68 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
Related Tickers
BLU +25.0%QEM +23.1%BNL -20.0%BSN +13.8%MNE -13.3%
Compare:WEC vs BLUWEC vs QEMWEC vs BNL
Share this analysis

Track WEC and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required