40LOW

WGR

WESTERNGRL FPO [WGR]
Western Gold Resources Limited engages in the exploration and evaluation of mineral resources in Australia and Sweden. The company explores for gold, lithium, caesium, tantalum, and graphite deposits. It holds 100% interest in Gold Duke Gold Project covering an area of 85.8 square kilometers located in Wiluna, Western Australia. The company was incorporated in 2009 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.1500 +3.4%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical38
Catalyst53
Sentiment50
Fundamental26
Momentum67
Risk Gate50
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Drifting lower — down 9.1% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.80, underperforming its peers
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (1291.2x)
  • Revenue in sharp decline (-91%)
  • Small-cap ($20-100M)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 176% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.05%/day)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -91% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Cleansing Notice
NONE Application for quotation of securities - WGR
NONE Main Roads WA and Shire of Wiluna Grant Road User Access
MEDIUM Registered Office & Principal Place of Business Update

Recent ASX Announcements

2026-03-20 Cleansing Notice
2026-03-20 Application for quotation of securities - WGR
2026-03-20 Registered Office & Principal Place of Business Update
2026-03-17 Main Roads WA and Shire of Wiluna Grant Road User Access PRICE SENSITIVE
2026-03-13 Half Year Accounts

Key Metrics

$44.1M
Market Cap
932K
Avg Volume
1.9x
Vol Ratio
$0.04 — $0.27
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-484.1%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 69%
LLeader vs LaggardlaggardRS: -4
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #465 of 558 · Sector avg: 46

View all Basic Materials signals →
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SLS 62CUF 59ELV 58RAG 58ITM 58
Compare:WGR vs SLSWGR vs CUFWGR vs ELV
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