SmallCaps
ASX:WMGMaterialsDiversified Metals & Mining

Western Mines Group Ltd

Western Mines Group Ltd is an Australia-based mineral exploration company.

$0.155 ⁠$0.005 (3.13%)AUD · Closed
-33.3%52-week return
Day Range
$0.155$0.160
52 Week Range
$0.000$0.340
Volume
21.58K
Avg Volume (10D)
155.48K
Market Cap
$20.21M
The company

The business

What Western Mines Group Ltd does

Western Mines Group Ltd is an Australia-based mineral exploration company. The Company’s projects include Mulga Tank, Jasper Hill, Youanmi. The Mulga Tank Project comprises exploration licenses E39/2132, E39/2134, E39/2223 and exploration license application E39/2299, covering an area of 425 square kilometers (km2). The project is located 190 kilometers (km) east-northeast of Kalgoorlie in the Duketon Domain of the Burtville Terrane, in the Eastern Goldfields Province of the Yilgarn Craton, Western Australia (WA). The Jasper Hill Project lies on the Merolia Greenstone Belt and is located approximately 90 km southeast of Laverton and 50km from the Company’s Rock of Ages project. Youanmi Project consists of exploration license E57/1119 covering 12km2. The project is located approximately 70km southwest of Sandstone, in the Southern Cross Domain of the Youanmi Terrane of Yilgarn Craton, WA. Its other projects include Fraser Range and Mt Narryer.

Incorporated
AUS
Public since
2021-07-20
Shareholders
944
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Share price & key data

Share price

OHLC · volume · moving averages
$0.155-$0.045 (-22.50%)over 6M
Hi$0.250Lo$0.000
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.160
Prev Close
$0.160
Day High
$0.160
Day Low
$0.155
52wk High
$0.340
52wk Low
$0.000

Valuation

Multiples
Market Cap
$20.21M
Shares Out
130.37M
Price/Book
1.23

Trading Activity

Volume & book
Volume
21.58K
Value Traded
$3.37K
Bid
$0.155 × 118,330
Ask
$0.160 × 15,000
Avg Vol 10D
155.48K

Performance

Total return
1 Day
+3.23%
5 Day
-3.03%
13 Week
-15.79%
52 Week
-33.33%
YTD
-33.33%
Peers & news

Latest news

From the Small Caps desk
Western Mines confirms ‘globally significant’ nickel sulphide resource with maiden Mulga Tank MRE
Mining & Resources

Western Mines confirms ‘globally significant’ nickel sulphide resource with maiden Mulga Tank MRE

Western Mines (ASX: WMG) believes its Mulga Tank project represents the largest nickel sulphide deposit in Australia and could be among the top 10 such resources in the world. The company has completed its first mineral resource estimate (MRE) from the nickel sulphide mineralisation at Mulga Tank, which is located on the Minigwal Greenstone Belt […]

Western Mines Group identifies new nickel system at Mulga Tank
Mining & Resources

Western Mines Group identifies new nickel system at Mulga Tank

Western Mines Group (ASX: WMG) has identified a significant new nickel system on the back of drilling at the Mulga Tank nickel-copper-platinum group elements (PGE) project in Western Australia. Assays from a hole funded by the WA Government Exploration Incentive Scheme (EIS) grant confirmed the discovery of an extensive disseminated sulphide mineral system throughout the […]

Western Mines Group confirms high-grade mineralisation at Rock of Ages gold project
Mining & Resources

Western Mines Group confirms high-grade mineralisation at Rock of Ages gold project

New assays from reverse circulation drilling samples at the Rock of Ages gold project have confirmed high-grade mineralisation for owner Western Mines Group (ASX: WMG). A total of 52 one-metre samples were selected and submitted for follow-up geochemical assay based on previous composite sample results. They assayed up to 10.85 grams per tonne gold and […]

Western Mines appoints exploration manager ahead of drilling at Mulga Tank nickel-copper-PGE project
Mining & Resources

Western Mines appoints exploration manager ahead of drilling at Mulga Tank nickel-copper-PGE project

Perth-based junior Western Mines Group (ASX: WMG) has appointed nickel exploration geologist Travis Kerslake to the role of exploration manager. Mr Kerslake has over 20 years of experience in international mineral exploration throughout Australia, Africa, Asia and South America, predominantly in the areas of nickel, copper and gold. He spent the early part of his career with […]

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