WTM

WARAMIN FPO [WTM]
Waratah Minerals Limited operates as a diversified minerals exploration company. It explores for copper, gold, and nickel deposits. The company holds a 100% interest in the Spur Project, consisting of EL5238 located in Central Western New South Wales; Stavely-Stawell Project comprising a single exploration license, EL6871 located in Western Victoria, Australia; and the Azura Project that consists of three granted exploration licenses, E80/4944, E80/5116, and E80/5347, and one application license, E80/5348, covering an area of approximately 258 square kilometers located in Western Australia. It is also involved in investing activities in Australia. The company was formerly known as Battery Minerals Limited and changed its name to Waratah Minerals Limited in December 2023. Waratah Minerals Limited was incorporated in 2011 and is based in Orange, Australia.
Basic Materials · ASX Small Cap
$0.4300 -2.3%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 9.5% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.83, underperforming its peers
  • Strong cash runway (9 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • EPS estimates revised upward (+10pts)
  • Substantial holder(s) ceased (1)
  • CANSLIM I: Institutional ownership (13%)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 7d (+5pts)

Risk Signals

  • MACD crossed bearish — momentum is fading
  • 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
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.57%/day)
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Recent Catalysts

HIGH Ceasing to be a substantial holder
HIGH Waratah Completes Acquisition of Ironclad Mining Lease
NONE Consols Gold Zone Grows with Strong Drill Results
NONE Change in substantial holding
NONE Continued Growth at the Spur Gold Zone
Announcement tone +3pts

Recent ASX Announcements

2026-07-16 Ceasing to be a substantial holder
2026-07-12 Consols Gold Zone Grows with Strong Drill Results PRICE SENSITIVE
2026-07-12 Change in substantial holding
2026-07-06 Waratah Completes Acquisition of Ironclad Mining Lease PRICE SENSITIVE
2026-06-30 Continued Growth at the Spur Gold Zone PRICE SENSITIVE

Key Metrics

$166.7M
Market Cap
1.3M
Avg Volume
1.0x
Vol Ratio
$0.27 — $0.84
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-77.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 64%
LLeader vs LaggardlaggardRS: -11
IInstitutional SponsorshippassInst: 13%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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