Western Mines Group (ASX:WMG) Volatility: 67.69% (As of Jun. 26, 2026)


ASX:WMG Western Mines Group Ltd ASX:WMG
26 GF Score
Price A$0.19
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What is Western Mines Group Volatility?

Western Mines Group ASX:WMG -2.56% 26 Volatility is 67.69% as of Jun. 26, 2026. GuruFocus rates ASX:WMG with a GF Score™ of 26/100.

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2026-06-26), Western Mines Group's Volatility is 67.69%.

Western Mines Group  (ASX:WMG) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Western Mines Group Volatility Related Terms

ASX:WMG vs NEM, AU: Volatility Comparison

For the Gold subindustry, Western Mines Group's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Mines Group Volatility vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Mines Group's Volatility distribution charts can be found below:

* The bar in red indicates where Western Mines Group's Volatility falls into.


ASX:WMG
26GF Score
Western Mines Group Ltd ASX:WMG
Volatility is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Mines Group  (ASX:WMG) Volatility Calculation

The annualized volatility is calculated as following:

σA=σM * √12
=√ 1/(n-1) ∑(Ri - R')^2 * √12

Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 67.69% mean?
Western Mines Group (ASX:WMG) has a Volatility of 67.69% as of Jun. 26, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Western Mines Group and its competitors.
Is Western Mines Group's Volatility too high?
Western Mines Group's current Volatility is 67.69%. Overall, Western Mines Group has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Western Mines Group's Volatility compare to NEM and AU?
Western Mines Group's Volatility of 67.69% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for a Metals & Mining company?
A good Volatility depends on the Metals & Mining industry context. However, Volatility should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Western Mines Group and its competitors. Western Mines Group's current Volatility is 67.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Mines Group stock overvalued right now?
Western Mines Group (ASX:WMG) has a current Volatility of 67.69%. The current Volatility is 67.69%. Western Mines Group's overall GF Score™ is 26/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For Western Mines Group (ASX:WMG), the current Volatility is 67.69% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Western Mines Group Business Description

Address 448 Roberts Road, Unit 10, Subiaco, Perth, WA, AUS, 6008
Western Mines Group Ltd is a mineral exploration company based in Western Australia. It focuses on exploring for gold and nickel sulphide deposits across various prospective projects located in several mineral belts of the region. Some of its projects include Mulga Tank Ni-Cu-PGE Project, Melita Gold Project, Jasper Hill Gold Project, Youanmi Gold Project, Pavarotti Ni-Cu-PGE Project, Rock of Ages Gold Project, Broken Hill Bore Gold Project, and Pinyalling Gold Project. The company's primary project centers on an ultramafic complex known for nickel, cobalt, copper, and platinum group elements. Western Mines Group aims to discover and develop mineral resources to create long-term value through its portfolio of exploration initiatives. The company operates within Australia's mining sector.
26GF Score

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Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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