West Wits Mining logo
WWI

West Wits Mining

Materials

West Wits Mining is an ASX-listed mining explorer focused on developing its Witwatersrand Basin Project in South Africa. The company aims to become a mid-tier gold producer by leveraging its existing resource base and strategic partnerships. West Wits' Qala Shallows DFS projects significant revenue potential, positioning it for growth in the gold sector.

Short position

short percentage0.62%
reported shorts2.7M
shares on issue434.894M

West Wits Mining (ASX:WWI) has 0.62% of its shares on issue reported as short positions as of 5 Oct 2026, or about 2,707,069 shares. Over the past 30 days that figure has risen 0.08 percentage points, and over 90 days it has risen 0.18 percentage points. Its highest recorded short interest was 0.69% in September 2025. WWI is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

West Wits Mining (WWI) financials

Results, ratios and statements

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
$197.0Kvs n/a (FY25)
Yahoo Finance, as at 29 Sep 2026
NPAT
−$10.0Mvs n/a (FY25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
−$0.025 (source: Derived: trailing 12 months at year end)vs −$0.013 (FY25)
Derived: trailing 12 months at year end, as at 29 Sep 2026
Rev YoY
n/aFY
EPS YoY
n/aFY
  • Derived: trailing 12 months at year end

Summary of Annual Report to shareholders, 31 Aug 2026

West Wits Mining reported first gold production of 227 ounces for FY2026, marking its transition to a producer, with no revenue or net profit figures disclosed in the annual report. No dividend was declared. The company secured a ZAR1.115 billion project finance package and raised A$51.4 million, funding Qala Shallows through to steady-state production of ~70,000oz per annum targeted for FY2029.

Automated summary of the filing; the filing itself is the record.

Key ratios

Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026

Gross margin
100.0%
Operating margin
−3,915.2%
Net margin
−5,064.5%
FCF margin
−26,545.2%
ROE
n/a
ROA
n/a
FCF conversion
n/a
Net cash (excl. leases)
$8.8M
Net debt / EBITDA
n/a
Current ratio
4.7×
Interest cover
−1.2×
Cash dividends paid / net profit
n/a
Market cap
$154.4M
P/E
n/a
P/B
1.7×

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

WWI income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$197.0Kn/an/an/a
Gross profit$197.0Kn/an/an/a
Operating income−$7.7Mn/a−$1.8M−$3.1M
EBITDA−$4.9Mn/a−$1.7M−$2.9M
EBIT−$5.0Mn/a−$1.8M−$3.1M
Interest expense$6.2Mn/a$3.0K$22.0K
Pretax income−$11.2Mn/a−$1.8M−$3.1M
Tax$0n/a$0$0
NPAT−$10.0Mn/a−$1.7M−$2.7M
Net interest income−$5.5Mn/a$8.0K−$12.0K
EPS basic−$0.025 (source: Derived: trailing 12 months at year end)−$0.013−$0.007−$0.013
EPS diluted−$0.025 (source: Derived: trailing 12 months at year end)−$0.013−$0.007−$0.013
Shares434.9M328.5M253.8M224.3M
  • Derived: trailing 12 months at year end