Western Mines (Australia) Today
Western Mines is selling for under 0.16 as of the 21st of May 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 0.16. Equity ratings for Western Mines Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2022 and ending today, the 21st of May 2024. Click here to learn more.
Valuation
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Western Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Mines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Mines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) |
Western Mines Group (WMG) is traded on Australian Securities Exchange in Australia and employs 6 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Mines's market, we take the total number of its shares issued and multiply it by Western Mines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Western Mines Group operates under Metals & Mining sector and is part of Materials industry. The entity has 75.72 M outstanding shares.
Western Mines generates negative cash flow from operations
Check Western Mines Probability Of Bankruptcy
Western Stock Against Markets
Picking the right benchmark for Western Mines stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Western Mines stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Western Mines is critical whether you are bullish or bearish towards Western Mines Group at a given time. Please also check how Western Mines' historical prices are related to one of the top price index indicators.
Western Mines Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Western Mines stock to make a market-neutral strategy. Peer analysis of Western Mines could also be used in its relative valuation, which is a method of valuing Western Mines by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Western Mines Corporate Management
Elected by the shareholders, the Western Mines' board of directors comprises two types of representatives: Western Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Mines' management team and ensure that shareholders' interests are well served. Western Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Benjamin Grguric | Technical Director | Profile | |
| MA MS | MD Director | Profile | |
| Elizabeth Spooner | Joint Sec | Profile | |
| Travis Kerslake | Exploration Manager | Profile | |
| F BBus | Company Secretary | Profile | |
| Lee BA | Joint Sec | Profile |
How to buy Western Stock?
Before investing in Western Mines, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Western Mines. To buy Western Mines stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Mines. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Western Mines stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Mines Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Western Mines Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Western Mines Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Western Mines Group?
The danger of trading Western Mines Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Mines is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Mines. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Mines Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Western Mines Group information on this page should be used as a complementary analysis to other Western Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Western Stock analysis
When running Western Mines' price analysis, check to measure Western Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Mines is operating at the current time. Most of Western Mines' value examination focuses on studying past and present price action to predict the probability of Western Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Mines' price. Additionally, you may evaluate how the addition of Western Mines to your portfolios can decrease your overall portfolio volatility.
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