How to buy Western Areas (WSA) shares
Learn how to easily invest in Western Areas shares.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Western Areas is an other industrial metals & mining business based in Australia. Western Areas shares (WSA) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Western Areas has a trailing 12-month revenue of around $316.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Western Areas
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Western Areas. Find the share by name or ticker symbol: WSA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Western Areas reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Western Areas. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
What's in this guide?
- Western Areas key stats
- Compare share trading platforms
- Is Western Areas stock a buy or sell?
- Western Areas performance over time
- Are Western Areas shares over-valued?
- Western Areas's financials
- How volatile are Western Areas shares?
- Does Western Areas pay a dividend?
- Have Western Areas shares ever split?
- Other common questions
Western Areas stock price (ASX:WSA)Use our graph to track the performance of WSA stocks over time.
Western Areas shares at a glance
|52-week range||$2.24 - $3.86|
|50-day moving average||$3.66|
|200-day moving average||$3.2826|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.072|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Western Areas stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Western Areas price performance over time
|1 week (2022-05-10)||3.83|
|1 month (2022-04-14)||-0.52%|
|3 months (2022-02-17)||10.06%|
|6 months (2021-11-17)||22.76%|
|1 year (2021-05-17)||62.98%|
|2 years (2020-05-15)||79.81%|
|3 years (2019-05-17)||68.72%|
|5 years (2017-05-17)||87.75%|
Is Western Areas under- or over-valued?
Valuing Western Areas stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Western Areas's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Western Areas's P/E ratio
Western Areas's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 53x. In other words, Western Areas shares trade at around 53x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Western Areas's EBITDA
Western Areas's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $107.9 million (£0.0 million).
The EBITDA is a measure of a Western Areas's overall financial performance and is widely used to measure a its profitability.
Western Areas financials
|Revenue TTM||$316.4 million|
|Operating margin TTM||9.49%|
|Gross profit TTM||$95.6 million|
|Return on assets TTM||2.39%|
|Return on equity TTM||3.78%|
|Market capitalisation||$1.2 billion|
TTM: trailing 12 months
Western Areas share dividends
We're not expecting Western Areas to pay a dividend over the next 12 months.
Have Western Areas's shares ever split?
Western Areas's shares were split on 10 September 2006.
Western Areas share price volatility
Over the last 12 months, Western Areas's shares have ranged in value from as little as $2.24 up to $3.86. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Western Areas's is 1.2795. This would suggest that Western Areas's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Western Areas overview
Western Areas Limited mines for, processes, and sells nickel sulphide concentrates and other base metals in Australia. It holds a 100% interest in the Forrestania project located in Western Australia. Western Areas Limited was incorporated in 1999 and is based in West Perth, Australia.
Western Areas in the news
Frequently asked questions
More guides on Finder
How to invest in the Regener8 Resources IPO
Everything we know about the Regener8 Resources IPO, plus information on how to buy in.
Cosmos: Cosmos Purpose Bitcoin Access ETF
While crypto ETFs remain a relatively new concept, here is how you can invest in one of the first physically back Bitcoin ETFs.
ETF Securities: The ETFS 21Shares Ethereum ETF (EETH)
Here is your how to guide on buying the first Ethereum backed ETF in Australia.
How to invest in the Southern Palladium Limited IPO
Everything we know about the Southern Palladium Limited IPO, plus information on how to buy in.
How to invest in the Coolabah Metals IPO
Everything we know about the Coolabah Metals IPO, plus information on how to buy in.
How to buy Firetail Resources (FTL) shares
Steps to owning and managing Firetail Resources shares.
What are hedged and unhedged ETFs and which is better for you?
Considering buying a hedged or unhedged ETF? Here is what you need to know prior to investing.
How to buy Gran Tierra Energy (GTE) shares in Australia
Steps to owning and managing Gran Tierra Energy shares from Australia.
What is copy trading and is it right for you?
Copy trading is a strategy that allows you to follow other traders. This guide will help you understand what it is and if its right for you.
Ask an Expert