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
$0.0880 +1.2%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 4.9x normal while price falls — heavy selling pressure
  • Lagging the Small Ords index — relative strength of 0.88, underperforming its peers
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (769.9x)
  • Revenue in sharp decline (-91%)
  • Near 52-week low (5% of range)
  • Small-cap ($20-100M)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 7d (+5pts)

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
  • Long-term momentum is negative — down 32% over the past year
  • Revenue declining at -91% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-4.14%/day)
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Recent Catalysts

NONE Notification of cessation of securities - WGR
NONE Cleansing Notice
NONE Application for quotation of securities - WGR

Recent ASX Announcements

2026-06-30 Notification of cessation of securities - WGR
2026-06-19 Cleansing Notice
2026-06-19 Application for quotation of securities - WGR
2026-06-02 Change of Director's Interest Notice - Winn
2026-06-02 Notification of cessation of securities - WGR

Key Metrics

$26.3M
Market Cap
376K
Avg Volume
4.9x
Vol Ratio
$0.08 — $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: 68%
LLeader vs LaggardlaggardRS: -27
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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