ASX Equity Snapshot

WTM Weekly Equity Report

Waratah Minerals Limited

Interactive chart JSON snapshot
Latest Close 0.60 AUD 12 Jun 2026
1W Return -7.6% latest completed week
4W Return -11.0% short-term follow-through
12W Return 8.0% quarterly tape
Trend Breadth 69.2% 36 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Waratah Minerals Limited operates as a diversified minerals exploration company. It explores for copper, gold, and nickel deposits. The company holds a 100% interest in the Spur Project, consisting of EL5238 located in Central Western New South Wales; Stavely-Stawell Project comprising a single exploration license, EL6871 located in Western Victoria, Australia; and the Azura Project that consists of three granted exploration licenses, E80/4944, E80/5116, and E80/5347, and one application license, E80/5348, covering an area of approximately 258 square kilometers located in Western Australia. It is also involved in investing activities in Australia. The company was …

Snapshot

What the weekly tape is saying

WTM closed the latest completed week at 0.60 AUD. The 4-week return is -11.0% and the 12-week return is 8.0%. Trend Signal is active, Market Dynamics is -0.36. Setup signature: Risk-first tape with a 35/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend -2.2%
Volume 0.9x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 62 Persistence of active Trend Signal over the last year and current streak.
Momentum 32 Blend of 4-week and 12-week follow-through.
Dynamics 25 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 47 Relative leadership and short-term RS change.
Volume 39 Participation compared with the 13-week volume baseline.
Risk Control 3 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
0.62 AUD
Vs Trend Line
-2.2%
Fair Value
0.31 AUD
Vs Fair Value
97.1%
52W High
0.84 AUD
52W Low
0.24 AUD
Drawdown
-28.0%
Range Position
60.5%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -7.6%
4W -11.0%
12W 8.0%
26W 4.3%
52W 77.9%

Trend read

Active Streak
7 weeks
52W Active Weeks
36
52W Active Breadth
69.2%
Sector Scope
AU Basic Materials
Sector Rank
487 of 722
Sector Percentile
32.6%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.36
4W MD Change
-229.7%
Relative Strength
1.61
4W RS Change
-92.4%
Expectation
Undecided
Probability
48.41%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
3.6M
13W Average
3.8M
52W Average
4.8M
Vs 13W
0.9x
Vs 52W
0.7x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
9.0%
52W Volatility
19.1%
Upside Weeks
24
Downside Weeks
27
Downside Breadth
51.9%
Avg Gain / Loss
14.6% / -8.2%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
ASX
Country
AU
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Currency
AUD
Market Cap
214.1M

Opportunity signals

  • Trend Signal is active with a 7-week active streak.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 0.60 AUD -7.6% 0.62 AUD 0.31 AUD -0.36 1.61 3.6M On
5 Jun 2026 0.66 AUD -5.1% 0.62 AUD 0.30 AUD -0.03 13.22 1.5M On
29 May 2026 0.69 AUD 0.0% 0.62 AUD 0.30 AUD 0.20 18.86 2.7M On
22 May 2026 0.69 AUD 1.5% 0.62 AUD 0.30 AUD 0.31 21.33 10.5M On
15 May 2026 0.68 AUD -1.4% 0.62 AUD 0.29 AUD 0.28 21.32 4.8M On
8 May 2026 0.69 AUD -3.5% 0.62 AUD 0.29 AUD 0.49 22.98 2.3M On
1 May 2026 0.71 AUD 2.9% 0.62 AUD 0.29 AUD 0.51 29.27 2.5M On
24 Apr 2026 0.69 AUD -7.3% 0.63 AUD 0.28 AUD 0.50 27.06 2.3M Off
17 Apr 2026 0.75 AUD 11.9% 0.63 AUD 0.28 AUD 0.53 37.00 6.9M Off
10 Apr 2026 0.67 AUD 1.5% 0.62 AUD 0.27 AUD 0.27 24.66 3.0M Off
3 Apr 2026 0.66 AUD -3.6% 0.62 AUD 0.27 AUD 0.32 30.50 3.0M Off
27 Mar 2026 0.69 AUD 22.3% 0.62 AUD 0.27 AUD 0.57 38.99 3.4M Off
20 Mar 2026 0.56 AUD -15.2% 0.62 AUD 0.26 AUD 0.52 17.07 3.2M Off
13 Mar 2026 0.66 AUD -17.5% 0.63 AUD 0.26 AUD 0.48 37.01 4.6M Off