WTM Shares Waratah Minerals Limited
STRONG BUY ASX · ASXExploration catalysts and major broker target gap offer exceptional but speculative upside.
Future value: $1.40 (+94.44%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Buy reiterated with target more than doubling current price.
- ▸Above 50-day MA (+4.53%)
- ▸Above 200-day MA — long-term uptrend
- ▸~94% upside to price target
Is WTM a buy right now?
Trend: WTM is trading above the 50-day average (+3.62%), RSI 50 — neutral momentum, with a 3-month return of +53.76%.
Valuation & quality: Waratah Minerals Limited trades on forward P/E -10.2, price-to-book 4.64; fundamentals show net margin 0.0%, return on equity -86.4%.
Analyst consensus: 2 analysts have a mean 12-month price target of A$1.40 (+94.4% vs the last close; range A$1.25 – A$1.55), consensus rating “strong buy”.
Our screen: STRONG BUY (score 5) — Exploration catalysts and major broker target gap offer exceptional but speculative upside.
Computed from end-of-day data; not personal advice.
Our track record with WTM
First flagged in our daily picks as STRONG BUY on 2026-10-26 at $0.72 — +0% since. It has appeared in the picks on 2 days.
Paper trades from our simulated funds at real end-of-day prices; past results don't predict future returns.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +11.30% | +1.40% | -1.40% | -31.90% | -6.40% | +36.40% | +28.30% | -7.80% |
Fundamentals
Analyst price target
Technical signals
About Waratah Minerals Limited
Waratah Minerals Limited operates as a diversified minerals exploration company. It explores for copper, gold, and nickel deposits.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.