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Stock Screener·Australia·Basic Materials·WMG.AX
Share

Western Mines Group Ltd Stocks

A$ 0.13Last Updated 26.10.2026

Issuer Rating

3/7
Performance

Favourable

Risk

High

Recommendation

Sell

Market Cap

A$ 10.55M

A$ 0.13
Key Takeaways

Risk factor

Very high price volatility

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Data is available to registered users only

Profitability factor

Greatly undervalued vs peers

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Data is available to registered users only
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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
    Data is available to registered users only
  • Country risks
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  • Other risks
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About

Founded in 2020 and based in West Perth, Australia, Western Mines Group Ltd is a mineral exploration firm dedicated to identifying and advancing mineral properties throughout Australia. The company's exploration efforts primarily target nickel, copper, platinum group elements, and gold deposits. Its cornerstone asset is the Mulga Tank project, an extensive holding of approximately 395 square kilometers located in the east-northeast Yilgarn Craton, Western Australia. This project is secured by exploration license E39/2132 and license applications E39/2223 and E39/2299. Beyond Mulga Tank, Western Mines Group possesses a diverse array of other ventures. The Jasper Hill project, for instance, covers 71.4 square kilometers under exploration licenses E39/2073 and E39/2079, along with prospecting license application P39/6267. Another notable asset is the Rock of Ages Project, a 9.71-hectare prospecting license situated southeast of Laverton. Furthermore, the company's portfolio includes interests in several additional projects: the Melita Project (an exploration license covering about 105 sq km); the Pavarotti Project (12.8 sq km under exploration license E77/2478 and application E77/2746); the Pinyalling Project (a 55 sq km exploration license application); the Youanmi Project (12 sq km, comprising exploration license E57/1119 and prospecting license P57/1450); and the Broken Hill Bore Project (a 2.6 sq km exploration license also within Western Australia's Yilgarn Craton).

Company Valuation

Greatly undervalued
7/7

Based on key historical and expected multiples, the stock is undervalued relative to its peers.

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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