Western Areas Limited 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 listed in Australian Dollars. Its last market close was $2.13 – a decrease of 1.84% over the previous week. Western Areas has a trailing 12-month revenue of around $308.4 million.
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 Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like 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. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $2.13, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Western Areas. Optimise your portfolio by tracking how your stock — and even 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 can 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 share priceUse our graph to track the performance of WSA stocks over time.
Western Areas shares at a glance
|Latest market close||AUDA$2.13|
|52-week range||AUDA$1.625 - AUDA$3.475|
|50-day moving average||AUDA$2.3453|
|200-day moving average||AUDA$2.2921|
|Dividend yield||AUDA$0.02 (0.91%)|
|Earnings per share (TTM)||AUDA$0.115|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Western Areas stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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 (2020-09-22)||-1.84%|
|1 month (2020-08-28)||-3.18%|
|3 months (2020-06-29)||-18.08%|
|6 months (2020-03-27)||17.03%|
|1 year (2019-09-27)||-31.73%|
|2 years (2018-09-28)||-19.92%|
|3 years (2017-09-29)||-18.08%|
|5 years (2015-09-29)||0.95%|
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 20x. In other words, Western Areas shares trade at around 20x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Western Areas's EBITDA
Western Areas's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $115.2 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||$308.4 million|
|Operating margin TTM||13%|
|Gross profit TTM||$136.6 million|
|Return on assets TTM||4%|
|Return on equity TTM||6.2%|
|Market capitalisation||$604.5 million|
TTM: trailing 12 months
Western Areas share dividends
Dividend payout ratio: 26.16% of net profits
Recently Western Areas has paid out, on average, around 26.16% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.91% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Western Areas shareholders could enjoy a 0.91% return on their shares, in the form of dividend payments. In Western Areas's case, that would currently equate to about A$0.02 per share.
While Western Areas's payout ratio might seem fairly standard, it's worth remembering that Western Areas may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 16 September 2020 (the "ex-dividend date").
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 $1.625 up to $3.475. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Western Areas's is 1.2861. 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 founded in 1999 and is based in West Perth, Australia.
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