36LOW

WRX

WESTRIDGE FPO [WRX]
Western Ridge Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of battery and critical mineral projects in Brazil, Canada, and Australia. The company explores for niobium, tantalum, rare earth elements, uranium, and lithium pegmatite deposits. Its flagship projects are the Equador Niobium Project and the Juazerinho Niobium Project, located in the Borborema Pegmatitic Province of northeastern Brazil. The company was formerly known as Summit Minerals Limited and changed its name to Western Ridge Resources Limited in February 2026. Western Ridge Resources Limited was incorporated in 2021 and is based in Peppermint Grove, Australia.
Basic Materials · ASX Small Cap
$0.0330 +3.1%

Updated 24 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +1First seen: 2026-03-23

Score Breakdown

Technical50
Catalyst50
Sentiment50
Fundamental43
Momentum50
Risk Gate37

Active Signals

Bullish Signals

  • Strong cash runway (9 quarters)
  • Very high P/S ratio (79.0x)
  • Revenue in sharp decline (-51%)
  • Near 52-week low (11% of range)
  • Micro-cap ($5-20M) - high risk
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score distress zone (1.70 < 1.81, low-confidence approx)
  • Low-priced stock risk ($0.034)
  • RBA hiking (-3pts)
  • Overseas risk_off (-3pts, S&P500 down, VIX 26)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Insufficient data for momentum
  • ASX200 bearish (-3.0% 5d)

Recent Catalysts

NONE Half Yearly Report and Accounts
NONE Cleansing Notice
NONE Application for quotation of securities - WRX
LOW Investor Presentation

Recent ASX Announcements

2026-03-13 Half Yearly Report and Accounts
2026-03-10 Investor Presentation
2026-03-04 Cleansing Notice
2026-03-04 Application for quotation of securities - WRX
2026-03-03 Multiple Targets in Aeromagnetic Survey - Keystone Project PRICE SENSITIVE

Key Metrics

$5.4M
Market Cap
N/A
Avg Volume
0.5x
Vol Ratio
$0.03 — $0.04
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-83.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual Earningsinsufficient_dataCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 60%
LLeader vs Laggardinsufficient_dataRS: 0
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectioncautionBearish

Sector: Basic Materials

Ranked #446 of 558 · Sector avg: 41

View all Basic Materials signals →
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