WMG
WESTERNLTD FPO [WMG]
Basic Materials · ASX Small Cap
$0.1650 +0.0%
Updated 21 Jul 2026 · Signals refresh every scan
Get alerts when WMG triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- MACD momentum is losing steam
- Stochastic just turned bullish from a low level — early reversal sign
- Volume surging at 2.4x normal while price falls — heavy selling pressure
- Lagging the Small Ords index — relative strength of 0.89, underperforming its peers
- Strong cash runway (10 quarters)
- 4C filed 2026-04-29
- Very high P/S ratio (1810.9x)
- Near 52-week low (0% of range)
- Micro-cap ($5-20M) - high risk
- Sentiment is mixed — no strong consensus either way
- The bigger volume days are the up days — volume-weighted momentum is positive (0.55%/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
- Long-term momentum is negative — down 23% over the past year
Ask Scout AI about WMG
3 free messages/day · Unlimited with Pro
Recent Catalysts
NONE Mulga Tank Phase 5 Exploration Update
NONE MTRC009 Assays Show Significant Basal Zone
NONE Further High-Grade Results from Mulga Tank
Recent ASX Announcements
| 2026-06-30 | Mulga Tank Phase 5 Exploration Update PRICE SENSITIVE |
| 2026-06-15 | MTRC009 Assays Show Significant Basal Zone PRICE SENSITIVE |
| 2026-05-24 | Further High-Grade Results from Mulga Tank PRICE SENSITIVE |
Key Metrics
$18.8M
Market Cap
73K
Avg Volume
2.4x
Vol Ratio
$0.17 — $0.34
52-Week Range
N/A
Short Interest
10 qtrs
Cash Runway
-23.2%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 76% |
| L | Leader vs Laggard | laggard | RS: -5 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
530 tickers in this sector
View all Basic Materials signals →Browse all ASX tickers A–Z →Track WMG 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.
No credit card required