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Westgold Resources ASX:WGX Stock Report

Last Price

AU$2.17

Market Cap

AU$1.0b

7D

-2.3%

1Y

42.8%

Updated

19 May, 2024

Data

Company Financials +

Westgold Resources Limited

ASX:WGX Stock Report

Market Cap: AU$1.0b

WGX Stock Overview

Engages in the exploration, operation, development, mining, and treatment of gold assets primarily in Western Australia.

WGX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Westgold Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Westgold Resources
Historical stock prices
Current Share PriceAU$2.17
52 Week HighAU$2.77
52 Week LowAU$1.34
Beta0.68
1 Month Change-7.27%
3 Month Change15.73%
1 Year Change42.76%
3 Year Change0.46%
5 Year Change35.63%
Change since IPO26.16%

Recent News & Updates

Recent updates

Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues

Feb 07
Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues

Here's Why I Think Westgold Resources (ASX:WGX) Is An Interesting Stock

Oct 09
Here's Why I Think Westgold Resources (ASX:WGX) Is An Interesting Stock

Can You Imagine How Westgold Resources' (ASX:WGX) Shareholders Feel About The 64% Share Price Increase?

Dec 09
Can You Imagine How Westgold Resources' (ASX:WGX) Shareholders Feel About The 64% Share Price Increase?

Should Weakness in Westgold Resources Limited's (ASX:WGX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Nov 24
Should Weakness in Westgold Resources Limited's (ASX:WGX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Shareholder Returns

WGXAU Metals and MiningAU Market
7D-2.3%2.9%0.7%
1Y42.8%1.1%7.8%

Return vs Industry: WGX exceeded the Australian Metals and Mining industry which returned 1.1% over the past year.

Return vs Market: WGX exceeded the Australian Market which returned 7.8% over the past year.

Price Volatility

Is WGX's price volatile compared to industry and market?
WGX volatility
WGX Average Weekly Movement9.3%
Metals and Mining Industry Average Movement12.3%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.4%

Stable Share Price: WGX's share price has been volatile over the past 3 months.

Volatility Over Time: WGX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a918Wayne Bramwellwww.westgold.com.au

Westgold Resources Limited engages in the exploration, operation, development, mining, and treatment of gold assets primarily in Western Australia. The company’s assets include Bryah Operations, Murchison Operations, Meekatharra Gold Operations, and Cue Gold Operations that comprise various mining titles covering 1,300 square kilometers in the Murchison region. Westgold Resources Limited is based in Perth, Australia.

Westgold Resources Limited Fundamentals Summary

How do Westgold Resources's earnings and revenue compare to its market cap?
WGX fundamental statistics
Market capAU$1.03b
Earnings (TTM)AU$64.94m
Revenue (TTM)AU$701.44m

15.8x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WGX income statement (TTM)
RevenueAU$701.44m
Cost of RevenueAU$596.81m
Gross ProfitAU$104.63m
Other ExpensesAU$39.69m
EarningsAU$64.94m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin14.92%
Net Profit Margin9.26%
Debt/Equity Ratio0%

How did WGX perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

7%

Payout Ratio
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