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Western Ridge Resources Limited

Company price
0.046 AUD -0.02 ( 25.81%)
Last update at 2026-11-12T04:57:00Z
VOLUME
3761958
Market Cap
10.55M

Momentum Score

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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.

Source: TradingView
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Day Price Range
0.04
Low
0.07
High
52 Week Price Range
0.01
Low
0.07
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Western Ridge Resources Limited is an Australian-listed junior mineral exploration and development company that holds and advances exploration tenements through drilling and technical studies. Long-term growth drivers include successful resource discovery, supportive commodity prices and the ability to attract joint ventures or project financing, which could support resource definition and development. The company may appeal to investors seeking exploration upside and asymmetric returns if discoveries or commercial partnerships materialize.

Material investment risks are high exploration and development uncertainty, reliance on external financing, and sensitivity to commodity price and regulatory changes.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.06
Dividend Yield
-
Revenue TTM
0.05M
Revenue Per Share
-
Gross Profit TTM
0.04M
Debt / Equity
-
ROE
-178.92%
Net Debt
-0.41M
ROCE
-611.89%
Diluted EPS TTM
-0.09

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -12.22M -4.90M -4.82M -0.96M -1.64M
Net income -12.22M -4.90M -4.82M -0.96M -1.64M
Selling general administrative 1.08M 2.13M 3.12M 0.72M 0.70M
Selling and marketing expenses 8.94M 2.62M - - 0.94M
Gross profit 0.04M 0.10M - - -
Ebit -12.31M -4.91M - - -
Ebitda -1.51M -4.66M - - -
Depreciation and amortization 10.80M 0.26M - - 1.64M
Operating income -9.98M -4.66M -5.16M -1.00M -1.64M
Other operating expenses 10.03M 4.75M - - 1.64M
Tax provision - - 0.00M 0.00M -
Interest income - - 0.42M 0.07M -
Net interest income - - 0.42M 0.07M -
Total revenue 0.05M 0.10M - - -
Total operating expenses 10.02M 4.75M - - 1.64M
Cost of revenue 0.01M - - - -
Total other income expense net -2.24M -0.25M -0.09M -0.02M -
Net income from continuing ops - - -4.82M -0.96M -
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 2.12M 11.78M 13.35M 6.10M 0.83M
Other current assets 0.08M 0.04M 0.02M 0.20M 0.03M
Total liab 0.11M 0.13M 0.21M 0.35M 1.01M
Total stockholder equity 2.01M 11.65M 13.14M 5.75M -0.18M
Other current liab 0.03M 0.05M - - 0.76M
Common stock 17.26M 15.26M - - 0.30M
Capital stock - - 12.08M 6.08M -
Retained earnings -23.86M -11.64M -6.74M -1.91M -0.95M
Cash 0.41M 1.41M 2.23M 2.46M 0.80M
Total current liabilities 0.11M 0.13M 0.21M 0.35M 1.01M
Net debt -0.41M -1.41M - - -0.80M
Total current assets 0.49M 1.45M 4.93M 2.77M 0.83M
Long term investments - - 0.02M 0.10M -
Accounts payable 0.08M 0.09M 0.08M 0.04M 0.24M
Accumulated other comprehensive income 8.61M 8.03M - - 0.47M
Non current assets total 1.63M 10.33M 8.42M 3.33M -
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total cashflows from investing activities -1.50M -1.58M - - -0.01M
Total cash from financing activities 1.57M 2.25M 3.28M 3.23M 0.51M
Net income -12.22M -4.90M -4.82M -0.96M -1.64M
Change in cash -1.00M -0.83M -0.23M 1.66M 0.10M
Begin period cash flow 1.41M 2.23M 2.46M 0.80M -
End period cash flow 0.41M 1.41M 2.23M 2.46M 0.10M
Total cash from operating activities -1.06M -1.49M - - -0.40M
Issuance of capital stock - - 3.28M 3.23M -
Depreciation 10.80M 0.26M - - -
Other cashflows from investing activities - - - - -0.01M
Change to account receivables -0.05M 0.04M - - -0.03M
Other cashflows from financing activities 1.57M 2.25M - - 0.51M
Capital expenditures 1.50M 1.58M 2.93M 0.90M 0.00M
Change in working capital -0.05M 0.04M - - -0.03M
Stock based compensation 0.47M 2.62M - - 0.81M
Other non cash items -0.08M 0.50M - - 0.46M
Free cash flow -2.57M -3.07M -3.82M -1.78M -0.40M

Peer Comparison*

Sector: Basic Materials Industry: Other Precious Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
WRX
Western Ridge Resources Limited
-0.02
25.81%
0.05 - - 204.02 5.53
MI6
Minerals 260 Ltd
-0.07
8.52%
0.81 20.50 - - 4.93
ZIM
Zimplats Holdings Ltd
-0.56
3.91%
13.75 3.73 8.90 1.17 0.47
FRS
Forrestania Resources Ltd
-0.03
7.25%
0.32 - - 192.74 2.63
A1M
Aic Mines Ltd
-0.02
2.74%
0.71 12.70 - 2.07 1.43

Profile*

Western Ridge Resources Limited

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.

460 Stirling Highway, Peppermint Grove, WA, Australia, 6011

61 8 6275 0808

Name Title Year Born
Dr. Matthew Cobb MD & Executive Director NA
Mr. Leonard Vun Chee Math B.Bus., B.Com., BComm, C.A. CFO & Company Secretary 1981
Mr. Leonard Vun Chee Math B.Com., C.A. CFO & Company Secretary 1981

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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