WA1 RESOURCES LIMITED (WA1)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WA1 - WA1 RESOURCES LIMITED

FNArena Sector : Industrial Metals
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.02
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$15.51

21 Nov
2024

0.990

OPEN

$14.56

6.82%

HIGH

$15.65

227,125

LOW

$14.52

TARGET
$28.00 80.5% upside
OTHER COMPANIES IN THE SAME SECTOR
AIS . CHN . COB . DVP . IPX . JMS . OMH .
FNARENA'S MARKET CONSENSUS FORECASTS
WA1: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx - 4.6 - 3.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

N/A

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 202220232024
EPS Basic xxxxxx-6.1
DPS All xxxxxx0.0
Sales/Revenue xxxxxx0.0 M
Book Value Per Share xxxxxx117.4
Net Operating Cash Flow xxxxxx-2.2 M
Net Profit Margin xxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202220232024
Return on Capital Employed xxxxxx-7.49 %
Return on Invested Capital xxxxxx-7.49 %
Return on Assets xxxxxx-7.07 %
Return on Equity xxxxxx-7.49 %
Return on Total Capital xxxxxx-9.81 %
Free Cash Flow ex dividends xxxxxx-2.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202220232024
Short-Term Debt xxxxxx0 M
Long Term Debt xxxxxx0 M
Total Debt xxxxxx0 M
Goodwill - Gross xxxxxx-
Cash & Equivalents - Generic xxxxxx47 M
Price To Book Value xxxxxx16.42

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202220232024
Capex xxxxxx20.1 M
Capex % of Sales xxxxxx-
Cost of Goods Sold xxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxx5 M
Research & Development xxxxxx-
Investments - Total xxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

03/07/2024

1

Speculative Buy

$28.00

80.53%

Bell Potter suggests the latest exploration update at the WA1 Resources' West Arunta Project is "significant" and confirms the high-grade rare earth mineralisation.

The analyst believes this discovery enhances the potential of the project, and positions WA1 Resources as a key player in the rare earth sector.

Speculative Buy rating and $28 target price retained. No changes to the broker's earnings forecasts.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -3.00 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -3.00 cents.

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

24/06/2024

1

Buy

$27.50

77.30%

Canaccord Genuity analysts maintain a Speculative Buy rating for WA1 Resources with a price target of $27.50.

The broker highlights positive initial metallurgical testwork results from the Luni deposit, showing high-grade concentrates with excellent recoveries.

The analysts believe findings support the potential for a conventional process, which could save time and money.

Financial forecasts remain unchanged, with further testwork planned to optimise beneficiation steps and assess variability across the deposit. The broker views the results as a decisive step towards proving the world-class status of the Luni deposit.

WA1 STOCK CHART