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
$0.0760 -1.3%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is picking up steam
  • Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
  • Lagging the Small Ords index — relative strength of 0.85, underperforming its peers
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (659.2x)
  • Revenue in sharp decline (-91%)
  • Near 52-week low (3% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • AUD/USD strong (-2pts)
  • 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
  • Long-term momentum is negative — down 46% 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 (-3.56%/day)

Expected next for WGR

29 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 22 Oct to 5 Nov
The last 5 moved WGR +2.2% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Notification of cessation of securities - WGR
NONE Final Director's Interest Notice
NONE Gold Duke Project - Mineral Resource Statement
MEDIUM WGR Operational Update
MEDIUM Change of Director's Interest Notice - Mount

Recent ASX Announcements

2026-08-26 Notification of cessation of securities - WGR
2026-08-26 Final Director's Interest Notice
2026-08-24 WGR Operational Update PRICE SENSITIVE
2026-08-19 Gold Duke Project - Mineral Resource Statement PRICE SENSITIVE
2026-08-14 Change of Director's Interest Notice - Mount

Key Metrics

$22.5M
Market Cap
614K
Avg Volume
1.4x
Vol Ratio
$0.07 — $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: -22
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

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